9. Race, Class, and Rent in America's Subprime Cities

  1. Manuel B. Aalbers
  1. Elvin Wyly1,
  2. Markus Moos2 and
  3. Daniel J. Hammel3

Published Online: 17 FEB 2012

DOI: 10.1002/9781444347456.ch9

Subprime Cities: The Political Economy of Mortgage Markets

Subprime Cities: The Political Economy of Mortgage Markets

How to Cite

Wyly, E., Moos, M. and Hammel, D. J. (2012) Race, Class, and Rent in America's Subprime Cities, in Subprime Cities: The Political Economy of Mortgage Markets (ed M. B. Aalbers), John Wiley & Sons, Ltd, Chichester, UK. doi: 10.1002/9781444347456.ch9

Editor Information

  1. University of Amsterdam, The Netherlands

Author Information

  1. 1

    University of British Columbia, Canada

  2. 2

    University of Waterloo, Canada

  3. 3

    University of Toledo, USA

Publication History

  1. Published Online: 17 FEB 2012
  2. Published Print: 16 MAR 2012

ISBN Information

Print ISBN: 9781444337761

Online ISBN: 9781444347456

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Keywords:

  • race, class, rent;
  • America;
  • subprime cities;
  • MBSs, CDOs, CDSs;
  • credit rationing;
  • racial redlining;
  • renting capital;
  • racial–geographic;
  • segmentation

Summary

This chapter contains sections titled:

  • Introduction

  • Rethinking “How the World Works”

  • Credit Rationing, Risk, and Race

  • Renting Capital

  • Metropolitan Market Penetration and Racial-Geographic Segmentation

  • Data

  • Results

  • Conclusions

  • Notes

  • References