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countryjake

(8,554 posts)

2. The Wall Street way...

Reply to Chrom (Original post)

Tue Nov 26, 2013, 02:00 PM

Nov 2013

Reading that piece at your link, I think you might want to read more about this in an article that xchrom posted early this morning. It's the Wall Street way:

How Wall Street Turned America Into Incarceration Nation

Transforming poorer neighborhoods into desirable real estate for the new elites often requires getting rid of the poor: jail becomes the new home for many.

http://www.alternet.org/corporate-accountability-and-workplace/how-wall-st-turned-america-incarceration-nation

And here is xchrom's thread:
http://www.democraticunderground.com/10024094251

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Highlight:

Same Banks that caused foreclosure crisis profiting by buying foreclosed homes to rent back to us [View all] Chrom Nov 2013 OP

It's Almost Like They Planned This....... global1 Nov 2013 #1

The Wall Street way... countryjake Nov 2013 #2

re: "shocking local markets and driving prices up..." cthulu2016 Nov 2013 #3

they are buying all the houses on the cheap, pricing families out of the market by using cash Chrom Dec 2013 #4