1 option
Homeownership and America's financial underclass : flawed premises, broken promises, new prescriptions / Mechele Dickerson, University of Texas at Austin School of Law.
- Format:
- Book
- Author/Creator:
- Dickerson, Arletrice Mechele, 1962- author.
- Language:
- English
- Subjects (All):
- Home ownership--United States.
- Home ownership.
- United States.
- Mortgage loans--United States.
- Mortgage loans.
- Housing--United States--Finance.
- Housing.
- Finance.
- Physical Description:
- 1 online resource (ix, 278 pages) : digital, PDF file(s)
- Other Title:
- Homeownership & America's Financial Underclass
- Place of Publication:
- Cambridge : Cambridge University Press, 2014.
- System Details:
- text file
- Summary:
- Why does America have a love affair with homeownership? For many, buying a home is no longer in their best interest and may harm their children's educational opportunities. This book argues that US leaders need to re-evaluate housing policies and develop new ones that ensure that all Americans have access to affordable housing, whether rented or owned. After describing common myths, the book shows why the circumstances now faced by America's financial underclass make it impossible for them to benefit from homeownership because they cannot afford to buy homes. It then exposes the risks of 'home buying while brown or black,' discussing US policies that made it easier for whites to buy homes, but harder and more costly for blacks and Latinos to do so. The book argues that remaining racial discrimination and certain demographic features continue to make it harder for blacks and Latinos to receive homeownership's promised benefits.
- Contents:
- Machine generated contents note: 1. Chasing the American dream; 2. The happy homeownership narrative; 3. US support for homeowners; 4. The homeownership crisis; 5. Homeowner harm and the blame game; 6. Flawed premises; 7. The burden of home buying while black or Latino; 8. The benefits of home buying while black or Latino; 9. Homeownership: demographic disparities; 10. Outlook and prescription for the future.
- Notes:
- Title from publisher's bibliographic system (viewed on 08 Oct 2015).
- Other Format:
- Print version:
- ISBN:
- 9781139839280
- Access Restriction:
- Restricted for use by site license.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.