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Landlords on Wall Street: The New Housing Scheme

Landlords on Wall Street: The New Housing Scheme
Fri, 3/7/2014 - by Dennis Trainor Jr.
This article originally appeared on Acronym TV

In this exclusive report, Laura Gottesdiener pulls back the curtain on a massive land grab that has once again turned our homes into dangerous financial products and reports on the growing movement of tenants and housing advocates are fighting back driven by a conviction that housing is not a market commodity, but a human right.

tags: Wall street, housing market, Laura Gottesdiener, Housing crash, Housing bubble, Tennant advocate, Housing is human right, Liza Ash, Benjamin Warren, Bronx, Sarah Ludwig, New Economy Project, Acronym TV, Resistance Report, pilot, Pamela Brown, Dennis Trainor Jr.

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U.K. housing prices, soaring home prices, soaring rent costs, Eviction Resistance, housing bubble mortgage-backed securities, Great Recession, rising homelessness

Housing prices in London have risen by 50% in the last five years – and when the UK property bubble goes boom, it will be proportionally bigger than the U.S. housing bust at the onset of the financial crisis in 2007.

Transatlantic Trade and Investment Partnership, TTIP, corporate trade deals, Investment Court System, German Magistrates Association, Investor State Dispute Settlement, ISDS, Global Justice Now

The German Magistrates Association (DRB) last week dealt a major blow to the Transatlantic Trade and Investment Partnership, as judges said special courts allowing firms to sue countries were unnecessary and "had no legal basis."

Keystone XL pipeline, tar sands, TransCanada, carbon emissions, pipeline projects, NAFTA, corporate trade deals, Trans-Pacific Partnership, TPP, Investor State Dispute Settlement, ISDS

The Canadian oil giant is suing under the provisions of NAFTA because the U.S. rejected the Keystone pipeline – and demanding an amount that would cover annual community college tuition costs for nearly five million U.S. students.

Fascinating, creative initiatives around the world – from co-operative finance and crowdequity schemes to alternative currencies and reclaiming the public's control over money-creation – are emerging to strengthen the commons.

Housing costs are skyrocketing in Seattle – up 12% for a family home in the last year – and a 2012 study in the Journal of Urban Affairs showed that an increase of $100 in median rents results in a 15% increase in the homeless population.

This week we passed the five-year anniversary of Tahrir Square, but do we even know – or care – what's happening there now, and do we see the parallels with what's going on right here? We speak with an Egyptian activist who sets the record straight.

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Chinese economic integration, Chinese financial power, G7 nations, emerging market power, Asian Infrastructure Investment Bank, Asian Development Bank

China and other emerging economies, frustrated by their lack of representation in global financial decision-making, could potentially create their own parallel institutions and, in the long term, construct a parallel or opposing economic system altogether.

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Flint water poisoning, Flint water contamination, Flint lead poisoning, water privatization, Rick Snyder, Darnell Earley

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Posted 4 days 3 hours ago

The media, which came to the story so late, can only process so much – but if you live in Flint or the State of Michigan as I do, you know all too well that what the greater public has been told about the water crisis only scratches the surface.

Posted 3 days 9 hours ago

Congressional hearings on the Flint water crisis were convened on Wednesday – but two people who should be in the hot seat weren't there. Next up, Iowa Caucus: Is this what Democracy looks like? And Obama signs the TPP.

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Fascinating, creative initiatives around the world – from co-operative finance and crowdequity schemes to alternative currencies and reclaiming the public's control over money-creation – are emerging to strengthen the commons.

Chinese economic integration, Chinese financial power, G7 nations, emerging market power, Asian Infrastructure Investment Bank, Asian Development Bank

China and other emerging economies, frustrated by their lack of representation in global financial decision-making, could potentially create their own parallel institutions and, in the long term, construct a parallel or opposing economic system altogether.

Responding to tough talk by presidential candidates about price gouging by drug companies, pharmaceutical executives have told investors that they are working actively to influence the political debate.

money in politics, Citizens United, super PACs, campaign finance laws, corporate campaign financing,

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According to the California Housing Partnership Corporation, a combination of falling incomes and high rents is driving the worst rental-housing crisis in California since World War II.