Tag Archives: Speculation

Toward the Total Paralysis of an Unequal Society

Toward the Total Paralysis of an Unequal Society
The severing of our society into a plutocracy and a peasantry is so far along that statistics almost cease to have meaning. But the facts have to be told, to help explain the sickening sense that we're becoming a nation without a middle class, paralyzed by the inequality deniers and excuse makers who refuse to admit there's something wrong with their free-market capitalist system. The extremes are becoming almost intolerable. Read more

When Predatory Equity Hit the Big Apple – And What It Tells Us About the Future

When Predatory Equity Hit the Big Apple – And What It Tells Us About the Future
Things are heating up inside Wall Street’s new rental empire. Over the last few years, giant private equity firms have bet big on the housing market, buying up more than 200,000 cheap homes across the country. Their plan is to rent the houses back to families -- sometimes the very same people who were displaced during the foreclosure crisis -- while waiting for the home values to rise. But it wouldn’t be Wall Street not to have a short-term ... Read more

Infographic: Community Land Trusts

Infographic: Community Land Trusts
Community land trusts are a key strategy for helping low-income communities build assets through home ownership while mitigating the destructive consequences of irrational, speculation-fueled housing markets. By keeping housing permanently affordable, a community land trust helps reduce the displacement that can accompany gentrification when property values are climbing, and provides acommunity framework that supports residents and limits ... Read more

How To Curb Gentrification

How To Curb Gentrification
Crucially, CJJC’s analysis busts the biggest “development” myth: Gentrification is not inevitable—it can be prevented before it starts and stopped in neighborhoods where the process is already underway. The report proposes a comprehensive policy agenda to mitigate the effects of ongoing gentrification and prevent further displacement. “Since the government has taken such a key role in creating gentrification,” Clark says, “it can also help ... Read more