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Poor people are being priced right out of even low income homes.

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bribri16 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-29-05 10:04 AM
Original message
Poor people are being priced right out of even low income homes.
Compton, CA prime example. Speculators (so-called 'investors') are buying up cheap homes in urban areas driving up prices so that the working poor can't afford to buy in those neighborhoods. The sepuclators drive up the prives then "flip" the property for a quick huge profit to mostly wealthy young whites and gay couples who don't really care where they live just so long as it's not with "mama" and the people in the neighborhood leave them alone.

There ought to be a law to protect low-poor working prospective home buyers and owners.
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-29-05 10:04 AM
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1. And there won't be while these anti-Christian inhuman money leeches remain
It's as simple as that.

Wake me in 2006.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-29-05 10:08 AM
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2. Must be the "ownership society." How many of them still favor bushitler?
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NorthernSpy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-29-05 10:11 AM
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3. gentrification is of the devil
Oh, don't get me started on that score. It's a HUGE problem for working class people all over the country.
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