Marble Falls Financialization of housing was the main target of ACORN Canada’s biggest action in Montreal at its summer convention. The issue in a nutshell is the gobbling up of homes and rentals by private equity and big real estate companies in the process of monopolizing housing markets to drive up prices and …
Category: Financialization
Inflation Blame Game is Tricky
New Orleans Driving from Houston to New Orleans only days ago, we ran into gas stations that were selling for $3.59 per gallon at the pump. In and around New Orleans, we saw prices between $4.19 and $3.69. That’s a pretty big spread. For a lower income family that could add up to …
Rolling Jubilee
New Orleans We’ve talked about some of this before, but it’s such a great story, it’s worth retelling for any who haven’t heard it. I was reminded of the great effort by US debt activists reading a piece recently in Mother Jones that hit all the right notes quickly from start to Occupy …