A Greedy Society

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Xlibris Corporation LLC, 2012 - Business & Economics - 82 pages
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A Greedy Society will show the poor, working, and middle-class people hoping for the American dream being sadly disappointed in America. They have been lied to, cheated, and discriminated against, not only in housing but in employment opportunities as well. This is an investigation of the impact of mortgage foreclosures on African American families and communities in urban areas like Chicago, Illinois. There were one million foreclosures in 2010 in the United States, while Wall Street executives and banks received huge profits from real estate transactions. In this study, the author has covered all aspects of the real estate industry. The main coverage was the problems of foreclosures. The secondary issue in this piece was the African American family's quality of life. How do foreclosure problems affect African Americans' future? Why are African American families and communities more vulnerable? What will the future be like in homeownership for African American families in the United States? These questions were researched and analyzed in this academic book. The subjects of business, sociology, politics, and economics will be used in this discussion. The direct connection to my first book is deliberate. Foreclosures will increase the homeless population and poverty in the United States.

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