The American Prospect
Homes For All
Over the course of their research, they conducted more than 100 interviews with tenants who are essentially renting from Wall Street firms. The report tells the stories of absurd rent increases, dangerous failures in property management, and high eviction rates. And, as the authors note, lower income families and people of color are disproportionately affected by these practices.
CarsonWatch is committed to stopping President Trump, HUD Secretary Ben Carson and their Congressional allies from any attempts to roll back fair housing protections and undermine the housing security of millions of Americans.
New York Times Book Review
Matthew Desmond is an academic who teaches at Harvard - a sociologist or, you could say, an ethnographer. But I would like to claim him as a journalist, and one who has set a new standard for reporting on poverty. In Milwaukee, he moved into a trailer park and then to a rooming house on the -poverty-stricken North Side and diligently took notes on the lives of people who pay 70 to 80 percent of their incomes for homes that are unfit for human habitation.
California cities are being victimized by the latest iteration of Wall Street predation—the purchase in bulk of distressed single-family mortgages and foreclosed homes, so-called Real Estate Owned (REOs) properties—with the intent to rent them. Through this REO to Rental process, investors are muscling out first time homebuyers, displacing tenants, outbidding nonprofit affordable housing developers, and changing the demographics of whole communities.
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