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144

The 'Hood Is Good

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Desmond, M. (2016). The 'Hood Is Good. In Desmond, M. Evicted: Poverty and Profit in the American City. Crown, pp. 144-157

157

[...] They say the foreclosure crisis started on Wall Street, with men in power ties trading toxic assets and engineering credit default swaps. But in the ghetto, all you needed was a rapid rescore coach and a low-income tenant hungry for a shot at the American dream.

on Sherrena the landlord rapaciously selling tenants houses--a great deal for her, usually a terrible deal for them, but what choice did they have if they wanted to own a house?

—p.157 by Matthew Desmond 9 years, 4 months ago

[...] They say the foreclosure crisis started on Wall Street, with men in power ties trading toxic assets and engineering credit default swaps. But in the ghetto, all you needed was a rapid rescore coach and a low-income tenant hungry for a shot at the American dream.

on Sherrena the landlord rapaciously selling tenants houses--a great deal for her, usually a terrible deal for them, but what choice did they have if they wanted to own a house?

—p.157 by Matthew Desmond 9 years, 4 months ago