Tag Archives: Real estate

The Rigged Housing Market

The Rigged Housing Market
Did you know that Blackstone Group, one of the world’s largest private equity funds, snapped up1,400 foreclosed Atlanta homes in one day? Around the country, Blackstone has bought at least 40,000in the past two years. This spree, all the rage among big investors, raises real estate values from nearly worthless to merely dirt cheap. But those investors don’t now plan to turn around and sell those properties they bought dirt cheap. No, they’ll ... Read more

The Real Illness Plaguing U.S. Healthcare: Inequality

The Real Illness Plaguing U.S. Healthcare: Inequality
Making sure everyone has a chance to rise to a level of well-being where their basic needs are taken care of is a laudable, and practical, dream for Americans. But a system that targets the assets of the poor for liquidation and provides care pegged to one’s income level is a system dedicated to reproducing inequality. If we are going to be honest with ourselves we would have to admit that the fault for this current situation lies not in ... Read more