A Dream Foreclosed: Black America and the Fight for a Place to Call Home by Laura Gottesdiener

A Dream Foreclosed: Black America and the Fight for a Place to Call Home by Laura Gottesdiener

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Told through the eyes of four homeowners—a grandmother in Detroit, an entrepreneur in rural North Carolina, a disabled man in Chattanooga, and a mother in Chicago—A Dream Foreclosed presents a people’s history of the U.S. financial crisis and the rise of a people’s movement for economic justice, dignity, and freedom from foreclosure. With power and humanity, Laura Gottesdiener bears witness to the ordinary people organizing their communities to challenge the banks and legal system. Their stories are extraordinary but the situation is all too common.

The ongoing mortgage crisis has created one of the longest and largest mass displacements in U.S history. While profiting from government bailouts, banks have evicted more than ten million Americans from their homes, their life savings, and their dreams. As many of the families victimized by bank fraud, predatory loans and other corporate crimes are African American, communities of color have been among the most outspoken and organized in confronting the banks.

Woven throughout Gottesdiener’s page-turning narrative are clear explanations of the origins of the crisis, the consequences for housing, and how community organizing and social movements are having national impact.