It’s not a coincidence that most people who are elected to public office are incredibly wealthy.
Since the 2008 financial crisis, and as an aging generation of mom-and-pop park owners cashes out, a new breed of investors bent on raising rents to increase returns has bought up a growing share of the market.
Warren’s bill is a monumental step forward that acknowledges injustice of the past and invests real money to redress it.
“At the end of the day, when the motive of landlords and developers is to make a dollar, that means their primary goal is not to put a roof over people’s heads,” said Democratic Maryland Del.-elect Vaughn Stewart.
Empty and depilated houses are a problem for most cities. Baltimore is trying some innovative ways to deal with it.
A former Facebook strategic partner manager for global influencers, Mark S. Luckie, sent a 2,500 word memo to all of the company’s employees before his departure in November saying the company has “a black people problem,” the Guardian reported.
Laws have changed, but the value of assets—buildings, schools, leadership, and land itself—are inextricably linked to the perceptions of black people. And those negative perceptions persist.
Section 8 vouchers are supposed to help low-income families reach better neighborhoods. But in cities like Houston and Dallas, the law gets in the way.
Use of eminent domain led to the destruction of a vibrant, ethnic neighborhood.