Black homeownership is still worth pursuing despite its rigged structure

Evidence

Should black Americans try to grab this piece of the American dream—or should we understand that it will never work for us in the same way it works for white homeowners? The answer to both questions is yes—but a qualified yes. Black homeowners need to be especially careful to protect themselves in a white-dominated market. — Dorothy A. Brown, Getting to Reparations, 1304

Categorization

• XREF: connects to: Predatory lending and loan servicing cascades drive black home foreclosures — Eddie S. Glaude Jr., Democracy in Black: How Race Still…, 324; Pre-1968 black homeownership required luck and strategy because legal housing discrimination was still rampant — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 167; Homeownership fails as a wealth-building tool for Black Americans due to structural discrimination — Nikole Hannah-Jones et al., The 1619 Project: A New American Origin…, 1376 (+9 more)
• yield-rescued: below the book’s yield-target cutoff, included anyway for connecting to: Predatory lending and loan servicing cascades drive black home foreclosures — Eddie S. Glaude Jr., Democracy in Black: How Race Still…, 324; Pre-1968 black homeownership required luck and strategy because legal housing discrimination was still rampant — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 167; Homeownership fails as a wealth-building tool for Black Americans due to structural discrimination — Nikole Hannah-Jones et al., The 1619 Project: A New American Origin…, 1376 (+9 more)

Broader Connections

• Following the rules does not protect black homeowners from losing everything #complicates (0.82) — Eddie S. Glaude Jr., Democracy in Black, 28
• Black homebuyers consistently lost money during the housing cycle regardless of purchase timing #complicates (0.80) — Dorothy A. Brown, Getting to Reparations, 1278
• Black homeowners lose financially whether neighborhoods stay black or gentrify #complicates (0.78) — Dorothy A. Brown, The Whiteness of Wealth, 221
• White homebuyer preference, not borrower behavior, determines black home wealth gains #complicates (0.76) — Dorothy A. Brown, Getting to Reparations, 1264
• White homebuyer preferences undermine progressive homeownership proposals for black Americans #complicates (0.75) — Dorothy A. Brown, The Whiteness of Wealth, 481
• Successful black homeowners are exceptional cases, not products of an equitable system. #complicates (0.73) — Dorothy A. Brown, The Whiteness of Wealth, 247