New Orleans A headline in the papers claimed that the level of homeownership inched forward enough to hit the 2014 mark for the highest percentage since the 2008 Great Recession. Funny how a figure like that has so quickly become almost meaningless in this continuing period of housing shortage and soaring home prices in what …
Category: Citizen Wealth
The Coming and Current Crisis: Rising Rents and Evictions
Little Rock Cause and effect. Truth and consequences. What goes around, comes around. Pick your favorite, but it was virtually inevitable that when you have a residential housing bubble explode, a recession, massive foreclosures, wipe out 30-years of home ownership gains among African-Americans and Latinos, and tighten credit markets and standards for low-and-moderate income families, …
No Room for the Little People in Trump World
Little Rock The little people are taking a beating in Trump’s Washington and the rest of America. Behind the curtain while the wildness and rants are on display on stage, the march to unravel rights and protections for regular, low-and-moderate income Americans as citizens and consumers is relentless. Vice-President Pence cast the tie-breaking vote this …