The New Housing Bubble & Wall Street’s Rental Empire; Interview, Laura Gottesdiener

Program: 
A Deeper Look
Air date: 
Thu, 12/12/2013 - 9:30am - 10:00am
Short Description: 
The New Housing Bubble & Wall Street’s Rental Empire, Interview Laura Gottesdiener
The New Housing Bubble & Wall Street’s Rental Empire
Finally, The housing market is recovering! Sales & Prices are up! Good News, people getting back into homes. But wait! Home ownership is still going down.
That’s right, the Banksters ( JP Morgan Chase, Goldman Sachs, Morgan Stanley and more), are at it again! This time they’ve bought over 200,000 foreclosed homes and bundled them to sell as Rental Backed Securities. A new financial instrument is born creating a new housing bubble. Join host, Linda Olson-Osterlund, on A Deeper Look this  Her guest is journalist, Laura Gottesdiener, author of, How Wall Street Has Turned Housing Into a Dangerous Get Rich Quick Scheme Again! She is the editor of Waging Nonviolence. Her most recent book is, A Dream Foreclosed: Black America and the Fight for a Place To Call Home

 

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