登入選單
返回Google圖書搜尋
Where Credit is Due
John PowellChristy Rogers
其他書名
Bringing Equity to Credit and Housing After the Market Meltdown
出版University Press of America, 2013-11-21
主題Business & Economics / Banks & Banking
ISBN07618560729780761856078
URLhttp://books.google.com.hk/books?id=i3BBAgAAQBAJ&hl=&source=gbs_api
EBookSAMPLE
註釋While much recent attention has been focused on the subprime lending and foreclosure crisis, little has been said about its radically-disparate impact. Drawing upon history as well as insight into the current crisis, this book shows that this crisis is not an anomaly, especially for people of color; nor is it over. People of color have been excluded from wealth-building opportunities via homeownership continuously throughout United States history, from the outright denial of credit and residential racial discrimination, to federally-sponsored urban renewal programs. The subprime lending and foreclosure crisis is predicted to strip a quarter of a trillion dollars in wealth from black and Latino homeowners. It has reversed home ownership gains for people of color and has decimated neighborhoods across the United States while impacting local, regional, national, and international economies. The consequences are devastating. This collection of essays provides a framework for creating equitable policy and ultimately building more stable communities for all Americans.