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Grasping for the American Dream - Racial Segregation, Social Mobility, and Homeownership (Paperback)
Loot Price: R924
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Grasping for the American Dream - Racial Segregation, Social Mobility, and Homeownership (Paperback)
Series: New Critical Viewpoints on Society
Expected to ship within 12 - 17 working days
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African American homebuyers continue to pay more for and get less
from homeownership. This book explains the motivations for pursuing
homeownership amongst working-class African Americans despite the
structural conditions that make it less economically and socially
rewarding for this group. Fervent adherence to the American Dream
ideology amongst working-class African Americans makes them more
vulnerable to exploitation in a structurally racist housing market.
The book draws on qualitative interviews with sixty-eight African
American aspiring homebuyers looking to buy a home in the Chicago
metropolitan area to investigate the housing-search process and
residential relocation decisions in the context of a racially
segregated metropolitan region. Working-class African Americans
remained committed to homeownership, in part because of the moral
status attached to achieving this goal. For African American
homebuyers, success at the American Dream of homeownership is
directly related to the long-standing dream of equality. For the
aspiring homebuyers in this study, delayed homeownership was a
practical problem for the same reasons, but they also experienced
this as a personal failing, due to the strong cultural expectation
in the United States that homeownership is a milestone that
middle-class adults must achieve. Furthermore, despite using
perfectly reasonable housing search strategies to locate homes in
stable or improving racially integrated neighborhoods, the
structure of racial segregation limits their agency in housing
choices. Ultimately, policy solutions will need to address
structural racism broadly and be attuned to the needs of both
homeowners and renters.
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