With the rental crisis in the US hitting catastrophic levels, institutional solutions failed but tenant solidarity networks booked a string of victories.
By Shane Burley. Published 2-28-2016 by ROAR Magazine
As we get further away from the shocking chain of foreclosures that marked the 2008 financial crisis, it has become more apparent just how deep the catastrophe hit. The crisis led to 2.9 million foreclosures that year — a level of housing displacement comparable to an active war zone.
For those without the means to even own a home, the crisis never had a clear beginning or end. In major cities across America, rents are responding to the influx of massive internet start-ups, “creative-class” corporations and financial institutions that are bringing in large incomes in small numbers. Continue reading
