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