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How Health and Housing Relate to Crime in Chicago

Whet Moser Chicago Magazine
Low birth weight, childhood lead poisoning, pre-term births, and infant mortality rate all go hand in hand with the crime rate—but there are significant differences in how neighboring communities are affected.

Rehab Aid Focused in Gentrifying Areas, Distressed Areas Languish

Angela Caputo The Chicago Reporter
Chicago began receiving program money in 2009, roughly a year after the housing market crashed. In the six years since, the city has collected $169 million — of which $140 million went to rehabbing and demolishing homes. But records obtained through the Freedom of Information Act show the city spent money on buildings with luxury finishes in gentrifying areas while distressed properties in some of the city’s hardest hit neighborhoods were left to languish.

Friday Nite Videos -- October 18, 2013

Portside
A Better Place | Playing For Change. 'SaveCanada' Punks TransCanada. Out of the Furnace: Movie. A Bold Plan to Fix the Mortgage Mess. The Musical Genius: Derek Paravicini. New Drugs for Old Bugs.

A Bold Plan to Fix the Mortgage Mess

GRITtv with Laura Flanders explores how eminent domain power could help cities combat the power of the finance sector and give mortgage relief to underwater homeowners.
 

Book Review - Fighting the Landlords from Stuy-Town to Detroit

Michael Hirsch The Indypendent (Issue #189)
Other People's Money: Inside the Housing Crisis and the Demise of the Greatest Real Estate Deal Ever Made was what the trade calls OPM, or other's people's money, that was lost, mostly in investments from pension funds that were then bundled and sold as mortgage-linked securities. With many mortgages shaky, these securities made for a toxic stew, and that practice nationwide fed the housing collapse and the onset of the Great Recession in late 2007.

A Nearly Hidden Horror of the Sequester

Carl Bloice Black Commentator
The sequester means that most federal budgets must be reduced by as much as five percent. Housing is taking a huge hit. I’ve been stewing about it for days now. I want to ask the important people in Washington – starting with the one in the White House – how could they let something like this happen? How, in the richest, most powerful country on the planet, could they visit such cruelty on people?
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