Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership Free Audiobook Download by Keeanga-Yamahtta Taylor

Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership is an explosive examination of America's housing crisis. Provocative, urgent, and deeply researched, this book shows how major banks and government policies colluded to create a new system of poverty and economic segregation that has trapped a generation in debt.

How the Subprime Crisis Created a Racial Wealth Gap "Race for Profit is an important and indispensable history that should be read by anyone who wants to understand America's racial wealth gap." – Michelle Alexander, author of New York Times bestseller The New Jim Crow Narrated by Janina Edwards

Racial discrimination by the real estate industry and banks has long hindered black homeownership. Keeanga-Yamahtta Taylor’s Race for Profit explains how the 2008 economic crisis worsened this trend.

Race for Profit is an exhaustive investigation into the systemic discrimination and exploitation of black families in America. An exposé of modern-day redlining, this book reveals how banks and the real estate industry conspired to keep black people from obtaining mortgages, resulting in a vast wealth gap between white and black Americans today. The foreclosure crisis wasn't just about a lack of jobs or lenient bankruptcy laws-it was also about race. This powerful but troubling account lays bare the hidden history that helped shape our current reality.

In Race for Profit, Taylor argues that the transformation of the U.S. into a majority-minority nation also marks a shift in who holds power and wealth in America. The racial wealth gap is widening, with whites owning thirteen times more wealth than blacks. In her original research and deeply informed analysis, Taylor lays bare the inner workings of our contemporary economic system, tracing the connections between predatory lending, declining wages among black men, mass incarceration, and escalating inequality.