Word: landlords
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...While Dongxiaokou's scrap yards have epitomized China's industrial boom over the past two decades, the global economic slowdown has left the scrappers struggling as prices for raw materials plummet. A group of men from Henan sit at a table playing a card game called "Fight the Landlord." They're the owners of a huge mound of plastic bottles they could process, but if they sold them now, they would lose money - scrap prices have fallen to levels not seen in years. "You want to know why our prices are dropping?" says Zhang Zhongming, 43, who moved...
...Youthbuild, which helps 30 to 40 out-of-school youths earn a high school diploma or GED while participating in affordable housing construction programs throughout the year, has lost $83,000 of its state funding, or roughly 30 percent of its budget. Mediation for Result, which helps resolve tenant-landlord disputes, has seen half of its state funding disappear, and Biomedical Careers Training has had its $140,000 state funding allocation eliminated entirely...
Last week, Sheriff Tom Dart of Cook County, Illinois issued a press release that quickly became news across the country; he was suspending all foreclosure evictions in the area because banks weren't notifiying tenants about their landlord's problems. "These mortgage companies only see pieces of paper, not people, and don't care who's in the building," Dart said in the release. "We're just not going to evict innocent tenants. It stops today." The Illinois Bankers Association quickly fired back with its own public statement, calling Dart's move "vigilantism." But supporters have been just as vocal...
...Even Hong Kong, one of the world's worldliest cities (and where TIME has its Asian headquarters), can be astonishingly parochial. For instance, Hong Kong enacted antidiscrimination legislation only very recently. Before, it was perfectly legal for a landlord to deny renting an apartment to an otherwise qualified tenant simply because of his or her skin color. One of my colleagues, an Indian national who has lived in Hong Kong for more than two years, still gets stopped by police for no given reason and told to present his ID. When he complains, the cops merely shrug. In Asia...
...Chan, a low-income housing activist in New York, has been struggling to help residents of subsidized buildings in New York, but says it is an uphill battle in a city where market rates are far above what HUD would provide a landlord or property developer. "What happens is that some buildings go straight to market rate and tenants must negotiate some alternative to the increase," she says. "Sometimes there are vouchers that are issued to help, but that isn't true for all cases...