[Durham INC] Fw: Housing Exploitation Is Rife in Poor Neighborhoods

Thu Mar 21 17:13:42 EDT 2019

________________________________
From: CityLab <newsletters at citylab.com>
Sent: Thursday, March 21, 2019 1:53 PM
To: pats1717 at hotmail.com
Subject: Housing Exploitation Is Rife in Poor Neighborhoods

Also: The library’s hidden bias, and the perfect price for transportation.

<http://links.e.theatlantic.com/ctt?kn=41&ms=MjEyMjExODUS1&r=MzEwMTU3NTQ4NzkyS0&b=0&j=MTQ2MTMwMDAwNwS2&mt=1&rt=0>
mar 21, 2019
What We’re Following

Rent-sploitation: Do the poor pay more for housing? We already know that low-income households often have higher levels of rent burden, and a new paper by Princeton’s Matthew Desmond and Nathan Wilmers tracks how landlords profit more from properties rented to people in poorer neighborhoods. In fact, they argue, low-quality housing has long been a “prime moneymaker,” with land scarcity, racial segregation, and deferred maintenance offering a chance to profit.

Desmond and Wilmers find that renters in high-poverty neighborhoods experience levels of exploitation that are more than double those of renters in neighborhoods with lower levels of poverty. Essentially, lower-income renters pay more relative to the market value of their housing, handing over the actual value of their housing quicker than renters in more affluent areas. CityLab’s Richard Florida takes a look at the latest research: Why the Poor Effectively Pay More for Housing<http://links.e.theatlantic.com/ctt?kn=11&ms=MjEyMjExODUS1&r=MzEwMTU3NTQ4NzkyS0&b=0&j=MTQ2MTMwMDAwNwS2&mt=1&rt=0>

—Andrew Small<http://links.e.theatlantic.com/ctt?kn=37&ms=MjEyMjExODUS1&r=MzEwMTU3NTQ4NzkyS0&b=0&j=MTQ2MTMwMDAwNwS2&mt=1&rt=0>

________________________________

________________________________
Euro Files
[https://cdn.theatlantic.com/assets/media/img/posts/2019/03/940_1-2/f51e299c8.jpg]<http://links.e.theatlantic.com/ctt?kn=9&ms=MjEyMjExODUS1&r=MzEwMTU3NTQ4NzkyS0&b=0&j=MTQ2MTMwMDAwNwS2&mt=1&rt=0>
Joachim Hermann/Reuters

The rent is too damn high on the other side of the pond, too, and European cities are showing an increasing will to do something about it. If you’ve been following CityLab contributor Feargus O’Sullivan’s reporting recently, you may have noticed something of a housing revolution taking shape as cities and housing advocates search for new ways to fight rising rents.

In Berlin, for example, large corporate landlords are in the crosshairs as the city considers banning anyone from owning more than 3,000 units. Barcelona, meanwhile, is levying fines on two investors who own buildings that have sat vacant for years during a housing shortage. And Amsterdam is proposing a new plan that would make sure newly built housing is only sold to owner-occupiers, blocking out purchasers who want to rent them out.

Feargus writes that two facts emerge when you consider these housing actions together: “The scope of Europe’s urban housing squeeze extends far beyond people on low incomes, and that as more people struggle to find affordable accommodations, cities’ mandate to intervene and regulate the market is likely to grow ever stronger.” Catch up with his reporting:

  *   Amsterdam Says Newly Built Homes Aren’t for Renting Out<http://links.e.theatlantic.com/ctt?kn=10&ms=MjEyMjExODUS1&r=MzEwMTU3NTQ4NzkyS0&b=0&j=MTQ2MTMwMDAwNwS2&mt=1&rt=0>

  *   In Need of Housing, Barcelona Fines Landlords For Long-Vacant Buildings<http://links.e.theatlantic.com/ctt?kn=17&ms=MjEyMjExODUS1&r=MzEwMTU3NTQ4NzkyS0&b=0&j=MTQ2MTMwMDAwNwS2&mt=1&rt=0>

  *   Berlin Builds an Arsenal of Ideas to Stage a Housing Revolution<http://links.e.theatlantic.com/ctt?kn=9&ms=MjEyMjExODUS1&r=MzEwMTU3NTQ4NzkyS0&b=0&j=MTQ2MTMwMDAwNwS2&mt=1&rt=0>

________________________________
What We’re Reading

How a San Diego YIMBY club changed city politics (Curbed<http://links.e.theatlantic.com/ctt?kn=23&ms=MjEyMjExODUS1&r=MzEwMTU3NTQ4NzkyS0&b=0&j=MTQ2MTMwMDAwNwS2&mt=1&rt=0>)

Tell your friends about the CityLab Daily! Forward this newsletter to someone who loves cities and encourage them to subscribe<http://links.e.theatlantic.com/ctt?kn=40&ms=MjEyMjExODUS1&r=MzEwMTU3NTQ4NzkyS0&b=0&j=MTQ2MTMwMDAwNwS2&mt=1&rt=0>. Send your own comments, feedback, and tips to hello at citylab.com<mailto:hello at citylab.com?utm_campaign=citylab-daily-newsletter&utm_medium=email&silverid=%25%25RECIPIENT_ID%25%25&utm_source=newsletter>.

Follow us on social media for even more CityLab content.

[https://cdn.citylab.com/static/a/citylab/img/icons/social-facebook--white.png]<http://links.e.theatlantic.com/ctt?kn=30&ms=MjEyMjExODUS1&r=MzEwMTU3NTQ4NzkyS0&b=0&j=MTQ2MTMwMDAwNwS2&mt=1&rt=0> [https://cdn.citylab.com/static/a/citylab/img/icons/social-twitter--white.png] <http://links.e.theatlantic.com/ctt?kn=26&ms=MjEyMjExODUS1&r=MzEwMTU3NTQ4NzkyS0&b=0&j=MTQ2MTMwMDAwNwS2&mt=1&rt=0>  [https://cdn.citylab.com/static/a/citylab/img/icons/social-instagram--white2.png] <http://links.e.theatlantic.com/ctt?kn=22&ms=MjEyMjExODUS1&r=MzEwMTU3NTQ4NzkyS0&b=0&j=MTQ2MTMwMDAwNwS2&mt=1&rt=0>  [https://cdn.citylab.com/static/a/citylab/img/icons/social-linkedin--white.png] <http://links.e.theatlantic.com/ctt?kn=28&ms=MjEyMjExODUS1&r=MzEwMTU3NTQ4NzkyS0&b=0&j=MTQ2MTMwMDAwNwS2&mt=1&rt=0>
[http://links.e.theatlantic.com/open/log/21221185/MzEwMTU3NTQ4NzkyS0/0/MTQ2MTMwMDAwNwS2/1/0]

Were you forwarded this email? Subscribe here<http://links.e.theatlantic.com/ctt?kn=1&ms=MjEyMjExODUS1&r=MzEwMTU3NTQ4NzkyS0&b=0&j=MTQ2MTMwMDAwNwS2&mt=1&rt=0>.

This email was sent to pats1717 at hotmail.com

You've signed up to receive newsletters from CityLab.

You can unsubscribe<http://links.e.theatlantic.com/ctt?kn=4&ms=MjEyMjExODUS1&r=MzEwMTU3NTQ4NzkyS0&b=0&j=MTQ2MTMwMDAwNwS2&mt=1&rt=0> or update your preferences<http://links.e.theatlantic.com/ctt?kn=5&ms=MjEyMjExODUS1&r=MzEwMTU3NTQ4NzkyS0&b=0&j=MTQ2MTMwMDAwNwS2&mt=1&rt=0>.

Atlantic Media · The Watergate · 600 New Hampshire Ave NW · Washington, DC 20037

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.deltaforce.net/pipermail/inc-list/attachments/20190321/5445ce70/attachment.htm>