Vancouver Vancouver in British Columbia, Canada may be a case study of the post-gentrified city. Average housing prices have dropped all the way down to $1.4 million per house. The Vancouver Sun reported that a Habitat for Humanity house had sold for $330,000. ACORN Canada’s office and all of our groups are in the working-class …
Category: Citizen Wealth
The New American Aristocracy
Vancouver “The Birth of a New American Aristocracy” is not exactly a catchy title for a piece in the current issue of The Atlantic, although it won’t surprise anyone when I say that it certainly caught my eye. It’s one of those long-winded, multi-page things that about twenty of us around the country might read …
The Rich are Wheeling and Dealing for Themselves at Private Foundations
New Orleans The Wall Street Journal and its reporter, Andrea Fuller, provided a public service for all of us by reviewing the publicly available tax filings of thousands of private foundations. Their subject was the willful lack of compliance with the almost fifty-year prohibition against self-dealing. Self-dealing occurs when private foundations do business with …