Predatory Inclusion
Placing homeownership at the heart of the nation’s low-income housing policies ceded outsize influence and control to the real estate industry over dwellings intended to serve a disproportionately African American market. Real estate’s wealth was largely generated through racial discrimination. Its profitability was contingent on “best practices” that actively encouraged racial segregation, and the public policies that grew from the partnership between property assessors, brokers, bankers, and federal policymakers reflected the logic of the housing market.
