California Council takes on Wall Street

Posted: November 12, 2013 in articles, housing, local government
Tags: , , , , ,

Here in the UK we haven’t seen as dramatic a rise in repossessions as in the US, where it is a major problem. I interviewed Gayle McLaughlin, the Mayor of Richmond, for The New Internationalist. Mayor McLaughlin and her City Council are about to start using the ‘power of eminent domain’ (similar to compulsory purchasing orders in the UK) to stop foreclosures. Read the full interview here.

 

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