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February 2023
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Local business extractor serial12/31/2022 ![]() ![]() We argue that serial displacement entails the loss of capital, material resources, social integration, collective capacity, and psychosocial resources at each of these scales, with losses at one level affecting other levels. In this paper, we offer a conceptualization of mortgage foreclosure as serial displacement by highlighting the current United States (U.S.) crisis in the context of historically repeated extraction of capital-economic, social, and human, at multiple scales ranging from geographic and social communities to that of embodied individuals. We end with an analysis of the scales of displacement and the human, social, and capital asset extraction that accompany them. ![]() ![]() Then we briefly review the history of policies related to racial inequality in homeownership in the twentieth and twenty-first centuries. We focus on the foreclosure crisis as an example of the interconnectedness of structured inequality in health and housing. Our analysis of the foreclosure crisis as serial displacement for African American households in the United States begins with the “housing niche” model. The repeated extraction of resources has negative implications for the health of individuals and groups, within generations as well as across generations, through the accumulation of loss over time. We argue that serial displacement is the loss of capital, physical resources, social integration and collective capacity, and psycho-social resources at each of these scales, with losses at one level affecting other levels. In this paper we offer a conceptualization of mortgage foreclosure as serial displacement by highlighting the current crisis in the context of historically repeated extraction of capital-economic, social, and human-from communities defined at different scales: geographically, socially, and that of embodied individuals. ![]()
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