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Wednesday, August 22, 2007

Katrina aid goes toward luxury condos

Rich developers are getting richer by cashing in on Katrina aid and huge tax breaks that is for building housing for displaced Gulf Coast residents. Low income people in the region will not be able to afford the vast majority of these new condos. So who will buy/live them? Another way to push out the poor and minorities and bring in white, (or black) middle/upper class. Can you say "gen-tri-fi-ca-tion"? I knew that you could. See article in USA Today: