ABSTRACT

This chapter helps in understanding the meaning of owning a home in America, particularly for African Americans like Tiffany. A study is done to show how working-class African American aspiring homeowners have responded to the housing crisis and ongoing demographic shifts in their search for new homes. This book focuses on the experience of housing disadvantage for African American homebuyers. Most research on the causes of racial segregation has focused on three dominant theories: preferences, discrimination, and socioeconomic disparities, but recent research has suggested that viewing these theories as mutually exclusive and exhaustive competing theories obscures and minimizes the ways these mechanisms may interact (Krysan and Crowder 2017). This chapter also demonstrates how foreclosures wrought more than just financial havoc on otherwise possibly upwardly mobile African American families. The chapter also explains racial map of Chicagoland. Finally, it goes through the outline of the book and various topic regarding the homebuying process.