Homeownership and America's Financial Underclass

Homeownership and America's Financial Underclass
By:"Mechele Dickerson"
Published on 2014-06-30 by Cambridge University Press

Why does America have a love affair with homeownership? For many, buying a home is no longer in their best interest and may harm their children's educational opportunities. This book argues that US leaders need to re-evaluate housing policies and develop new ones that ensure that all Americans have access to affordable housing, whether rented or owned. After describing common myths, the book shows why the circumstances now faced by America's financial underclass make it impossible for them to benefit from homeownership because they cannot afford to buy homes. It then exposes the risks of 'home buying while brown or black,' discussing US policies that made it easier for whites to buy homes, but harder and more costly for blacks and Latinos to do so. The book argues that remaining racial discrimination and certain demographic features continue to make it harder for blacks and Latinos to receive homeownership's promised benefits.

This Book was ranked 18 by Google Books for keyword single parent grants for college.

Thank You for Read :... reared in lower-income households by a \u003cb\u003esingle parent\u003c/b\u003e who does not have a \u003cbr\u003e\n\u003cb\u003ecollege\u003c/b\u003e degree, their \u003cb\u003ecollege\u003c/b\u003e attendance ... than 15 percent of \u003cb\u003estudents\u003c/b\u003e who \u003cbr\u003e\nattend the fifty wealthiest \u003cb\u003ecolleges\u003c/b\u003e and universities receive Pell \u003cb\u003eGrants\u003c/b\u003e (a need-\u003cbr\u003e\nbased ... from our blog