Zack Tounsi

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Sherrena had seen some of her properties double in value during the housing bubble, and she knew the inflated assessments wouldn’t last forever. She was trying to sell a rent-to-own tenant one property for $90,000, a property she owned free and clear, having purchased it at a far lower price. Sherrena would reinvest the cash in more properties, and the new homeowner would inherit a massive debt. Sherrena would say that was better than not owning a house at all.
Evicted: Poverty and Profit in the American City
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