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Author:Minerbrook, S.
Title:Blacks locked out of the American dream
Journal:Business and Society Review
1993 : FALL, 87, p. 23-28
Index terms:RACIAL DISCRIMINATION
COLOURED PEOPLE
PROPERTY OWNERSHIP
Language:eng
Abstract:For the black middle class, exclusion from better housing is the bitter fruit of a legacy racial prejudice. In what scholars call the "inertia of segregation," millions of African Americans who have climbed into the security of the middle and upper classes - about 12 percent of all African Americans now have earnings exceeding USD 50,000 a year - find that the dream of buying a home is a nightmare of miscues and obstacles. Nowhere is this fact of greater consequence than in the field of housing. Buying a home is not only part of the American dream, it is essential to grasping it. But study after study reveals that those in the middle class are restricted in their choice of where to live and what to buy. They are treated differently by lending and insurance situations simply because of the color of their skin.
SCIMA record nr: 125778
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