Tag Archives: affordable housing

Jeff Bezos Donates $120 Million to Fight Homelessness, Then Invests $500 Million to Make It Worse

“The last thing Americans need is a Bezos-backed investment company further consolidating single-family homes and putting homeownership out of reach for more and more people. Housing should be a right, not a speculative commodity.”

By Jon Queally. Published 12-3-2023 by Common Dreams

Jeff Bezos. Photo: Dan Farber/flickr/CC

Among the three richest people on the planet, mega-billionaire Amazon founder Jeff Bezos received some praise last week for announcing approximately $120 million in donations to a number of groups fighting the scourge of homelessness in the United States.

“It’s a privilege to support these orgs in their inspiring mission to help families regain stability,” Bezos wrote in an Instagram post touting the multiple grants to 38 individual nonprofits in 22 states.

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US home insurers are leaving climate risk areas. We need affordable housing now

When the US housing crisis meets the looming insurance crisis, only government intervention will avert catastrophe

By Chrissy Stroop. Published 9-27-2023 by openDemocracy

The Creek Fire burns vegetation near a road on Camp Pendleton, California, Dec., 24, 2020. Photo: Public Domain

Most Americans are aware that with housing costs on the rise, more and more of us are experiencing periods of homelessness. Based on the relative dearth of national coverage, I presume far fewer of us are aware that major insurance companies have begun pulling out of areas identified as being at heightened risk due to climate change, leaving homeowners in the lurch. I wrote about the impact on Florida in July, but it turns out the problem is much larger than a single state, with California also heavily affected.

Over the next few years, it seems likely these two problems – unaffordable housing and unaffordable insurance in at-risk areas – will spiral into a potentially catastrophic cycle. Not only will some Americans be forced to abandon their homes, but the housing in these areas at high risk of damage from storms or wildfires will likely stand empty (as long as homes continue to stand at all), all of which will further drive demand up in a housing market that already prices out far too many people.

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Company That Makes Rent-Setting Software for Apartments Accused of Collusion, Lawsuit Says

 

Texas-based RealPage worked with some of the nation’s largest landlords to create a cartel to raise rents, says a lawsuit filed just days after ProPublica published its investigation into the company.

by Heather Vogell for ProPublica,  Published 10-21-2022

ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox.

Renters filed a lawsuit this week alleging that a company that makes price-setting software for apartments and nine of the nation’s biggest property managers formed a cartel to artificially inflate rents in violation of federal law.

The lawsuit was filed days after ProPublica published an investigation raising concerns that the software, sold by Texas-based RealPage, is potentially pushing rent prices above competitive levels, facilitating price fixing or both.

The proposed class-action lawsuit was filed in U.S. District Court in San Diego. Continue reading

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‘Worst Yet to Come’ as Global Civil Unrest Index Hits All-Time High

“Over the coming months, governments across the world are about to get an answer to a burning question: Will protests sparked by socioeconomic pressure transform into broader and more disruptive anti-government action?”

By Jessica Corbett  Published 9-2-2022 by Common Dreams

Protesters at Plaza Baquedano, Santiago, Chile in 2019. Photo: Carlos Figueroa/Wikimedia Commons/CC

The risk of civil unrest is rising in over 100 nations, with the “worst yet to come,” according to an analysis published Thursday by the U.K.-based consulting firm Verisk Maplecroft.

Incorporating data going back to 2017, the latest update to the firm’s civil unrest index (CUI) shows that the last quarter of this year “saw more countries witness an increase in risks from civil unrest than at any time since the index was released,” the analysis states. “Out of 198 countries, 101 saw an increase in risk, compared with only 42 where the risk decreased.” Continue reading

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Despite Housing Crisis, Mississippi May Return Up to Millions in Federal Rent Aid to DC

“For them to suggest people like me aren’t working? It’s a slap in the face,” said one woman affected by the end of the pandemic assistance program. “It’s very insulting and degrading.”

By Brett Wilkins  Published 8-15-2022 by Common Dreams

Republican Mississippi Gov. Tate Reeves.
Photo: Tate Reeves/Facebook

Tate Reeves, Mississippi’s Republican governor, faced intense criticism Monday as the poorest U.S. state ended participation in a federal rent assistance program that helped shield tens of thousands of people facing eviction during the economic upheaval of the Covid-19 pandemic.

Invoking former U.S. President Ronald Reagan—whose administration eviscerated the social safety net and turbocharged economic inequality—Reeves tweeted that “today in Mississippi, we are ending RAMP, a federal program that incentivizes people not to work by using taxpayer dollars to pay for up to 15 months of free rent and utilities.” Continue reading

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Global Military Spending Tops $2 Trillion for First Time in History

“If global leaders actually care about charting a more secure future, then we need a massive realignment in spending priorities,” said one prominent peace group.

By Brett Wilkins  Published 4-25-2022 by Common Dreams

U.S. warplanes and the aircraft carrier USS Ronald Reagan are seen during a deployment in the Indian Ocean on June 32, 2021. (Photo: U.S. Pacific Fleet/Flickr/CC BY-NC 2.0)

Global military expenditures surpassed $2 trillion for the first time ever last year, with the United States spending more on its war-making capacity than the next nine nations combined, according to new data published Monday.

The Stockholm International Peace Research Institute (SIPRI) reported an all-time high of $2.1 trillion in worldwide military spending for 2021, a 0.7% increase from 2020 levels and the seventh straight year of increased expenditures. Continue reading

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Misogyny helped South Korea’s president win. Now feminists are fighting back

Yoon Suk-yeol was swept to victory on a wave of ‘anti-feminism’ among young Korean men. Now, he wants to abolish the Ministry of Gender Equality

By Hannah Pham.  Pubished 3-26-2022 by openDemocracy

Yoon Seok-youl leaves the main opposition People Power Party’s headquarters in Seoul on July 30, 2021 Photo: 고려/Wikimedia Commons/CC

“I threw up and cried.” This was 30-year-old Haein Shim’s reaction to the results of South Korea’s presidential election, held on 9 March. As the senior director of foreign media of Seoul-based feminist group Haeil (translated as ‘Tsunami’), Haein had felt neither candidate was necessarily a strong or progressive choice. But ultimately it was Yoon Suk-yeol of the People Power Party – in Haein’s eyes, the worse of two evils – who won.

“We have to choose the head of the state, but there is no candidate for women to choose from,” says Haein, who originally hails from Gwangju in south-west South Korea and now lives in the US. “No candidate sees women as they really are.” Continue reading

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Biden Admin Urged to ‘Prevent a Historic Wave of Evictions’ by Extending CDC Moratorium, Speeding Up Aid

“Far too many renters are struggling to access emergency rental assistance programs and are at risk of losing their homes when the moratorium expires,” said the president of the National Low Income Housing Coalition.

By Kenny Stancil, staff writer for Common Dreams. Published 6-15-2021

Photo: AFSC

The National Low Income Housing Coalition is calling on the Biden administration to “prevent a historic wave of evictions this summer by extending, strengthening, and enforcing the federal eviction moratorium and by implementing a whole-of-government approach to distribute emergency rental assistance more efficiently and effectively to those most in need.”

The national moratorium on residential evictions for nonpayment of rent—a life-saving measure issued last September by the Centers for Disease Control and Prevention (CDC) to curb the spread of Covid-19—is set to expire on June 30. CDC Director Rochelle Walensky said that discussions are ongoing as to whether the agency will prolong its partial ban on evictions. Continue reading

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UN Human Rights Chief Calls for ‘End to All Forms of Violence’ After Troops Deployed Over Colombian Protests

Dozens of people have died during the past month of demonstrations, which have been met with deadly attacks by the nation’s law enforcement.

By Jessica Corbett, staff writer for Common Dreams. Published 5-30-2021

Photo: Joshua Collins/Twitter

United Nations High Commissioner for Human Rights Michelle Bachelet responded to the Colombian president’s decision to deploy thousands of troops after a month of protests by calling for an end to all violence and urging negotiations over key national policies, which had stalled but were set to resume Sunday.

Bachelet, in a statement Sunday, specifically expressed concern about reports that since Friday, at least 14 people have died and 98 people have been injured in the Colombian city of Cali—one of the primary protest sites over the past month—and that an off-duty judicial police officer and others have fired at demonstrators. Continue reading

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America ‘Should Be Ashamed’: Texas Teen Forced to Use College Savings to Prevent Mom’s Eviction

“Americans owe $70 billion in back rent that they won’t be able to pay. If we don’t get them relief, there will be millions of stories like these.”

By Kenny Stancil, staff writer for Common Dreams. Published 2-10-2021

“This is not a feel-good story,” said Public Citizen on Tuesday, February 9, 2021. “It’s a dystopian nightmare.” (Photo: Twitter screengrab from ABC7 News)

After Alondra Carmona, a high school senior in Houston, recently exhausted all of her college savings to prevent her unemployed mother from being evicted, one media outlet on Tuesday tried to portray it as an “act of kindness,” but progressives are emphasizing that the all-too-common story is an indictment of a deeply unequal society reliant on private charity as a result of policymakers’ failure to guarantee livable incomes, affordable housing and higher education, and more.

“In February of 2020, my mom broke her ankle and was not able to work,” Carmona explained in a GoFundMe ad she created to support her family. “Come March, the coronavirus started, which added to the financial problems we already had. Today, I found out that my mom has not had a job for 3 months and hid it from us. She owes two months of rent and will most likely get evicted in March.” Continue reading

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