Summary of “Evicted: Poverty and Profit in the American City” by Matthew Desmond (2016)

Summary of

Finance, Economics, Trading, InvestingWealth and Inequality

Summary of Evicted: Poverty and Profit in the American City by Matthew Desmond

Introduction: A Harsh Reality of Urban Poverty

Matthew Desmond’s Evicted: Poverty and Profit in the American City offers a gripping exploration into the lives of those struggling with poverty and eviction in urban America. This groundbreaking book sheds light on the systemic issues of housing instability and the profound effects it has on families and communities. Desmond’s meticulous research and poignant storytelling provide a powerful narrative that challenges readers to reconsider the relationship between poverty, housing, and economic exploitation.

Section 1: Setting the Scene – The State of Housing in America

Desmond introduces the reader to the urban landscape of Milwaukee, Wisconsin, where he conducts his ethnographic study. Through the lives of eight families and their landlords, he paints a vivid picture of the housing crisis. The book begins with a focus on the precarious nature of renting in impoverished neighborhoods, where eviction is a frequent and devastating occurrence.

One key example is the story of Arleen, a single mother who struggles to maintain stable housing for her children despite a series of financial setbacks. Her experience exemplifies the cycle of poverty that is perpetuated by frequent evictions and inadequate housing.

Section 2: The Landlords – Profit and Exploitation

Desmond delves into the world of landlords, who often exploit the vulnerabilities of their tenants. The book highlights the profit-driven nature of property management in impoverished areas. Through the experiences of landlords like Sherrena, who runs a portfolio of rental properties, Desmond illustrates how financial incentives can lead to neglect and abuse of tenants.

A notable example is Sherrena’s approach to maintaining her properties. Despite her promises of upkeep, many buildings fall into disrepair, creating unsanitary and unsafe living conditions for tenants. This neglect is not merely an oversight but a calculated choice to maximize profits while minimizing expenses.

Section 3: The Impact of Eviction on Families

The emotional and practical impact of eviction on families is a central theme in Evicted. Desmond provides detailed accounts of how eviction disrupts lives, leading to a cascade of negative outcomes including job loss, increased health problems, and social disintegration.

One poignant anecdote involves the story of Lamar and his family, who face eviction after a minor infraction related to unpaid rent. The subsequent displacement leads to a severe decline in their overall well-being, showcasing the severe repercussions of housing instability.

Section 4: Systemic Issues and Policy Failures

Desmond critiques the broader systemic issues contributing to the housing crisis, including inadequate social policies and the lack of affordable housing options. He argues that eviction is not just a consequence of poverty but a driver of it, perpetuating a cycle of instability.

A critical example of systemic failure is the housing voucher system, which, while designed to assist low-income families, often falls short due to bureaucratic inefficiencies and insufficient funding. Desmond illustrates this with the story of a tenant who struggles to use her voucher in a market with few available and affordable options.

Section 5: Memorable Quotes and Their Significance

  1. “Eviction is a cause, not just a condition, of poverty.” This quote underscores the central argument of the book that eviction perpetuates poverty rather than being a mere symptom of it. Desmond’s research reveals that the instability caused by eviction leads to long-term economic and social consequences.

  2. “The experience of eviction is like a shattering blow to one’s sense of self-worth and future prospects.” This quote highlights the profound psychological impact of eviction on individuals, illustrating how it affects not only their immediate living conditions but also their self-esteem and future opportunities.

  3. “Landlords in poor neighborhoods often extract more money from tenants than they are entitled to.” This quote emphasizes the exploitation inherent in the rental market for low-income individuals, revealing how landlords take advantage of their tenants’ financial desperation.

Conclusion: The Impact and Relevance of Evicted

Evicted: Poverty and Profit in the American City is a powerful and impactful work that brings to light the harsh realities of housing instability. Its critical reception underscores its importance in discussions about poverty and housing policy. Desmond’s book not only provides a compelling narrative but also serves as a call to action for addressing systemic issues in the housing market.

By presenting detailed accounts of individual lives and systemic failures, Evicted challenges readers to reconsider the broader implications of housing policy and its effects on the most vulnerable members of society. As current debates about housing affordability and social justice continue, Desmond’s insights remain highly relevant, offering a crucial perspective on one of America’s most pressing issues.

Finance, Economics, Trading, InvestingWealth and Inequality