March 4, 2021 New Orleans One story after another in the mainstream media is now focusing on the shortage of homes for sale in city after city. The curious American dream of homeownership is another endangered species it seems, while at the same time the corporate and private equity grip on rental properties as …
Tag: Home Ownership
Wall Street is Crippling the Single-Family Housing Market
https://chieforganizer.org/wp-content/uploads/2020/03/CN03102020.mp3Podcast: Play in new window | DownloadSubscribe: Apple PodcastsNew Orleans The financial meltdown in the real estate market of 2007, marked by foreclosures triggered by speculation and broker scams and wiping out the citizen wealth of millions of families, continues to carry a legacy of community and family disasters. Once again Wall Street and …
The Good and Bad of Declining Home Ownership
https://chieforganizer.org/wp-content/uploads/2020/02/CN02102020.mp3Podcast: Play in new window | DownloadSubscribe: Apple PodcastsNew Orleans Home ownership rates are declining globally for the first time in one-hundred years, while tenancy is rising. I have mixed feelings about these trends. On the one hand, I hope that greater numbers of tenants equals more power in the bargains with landlords, and …