2012-01-06orgnet.com

As time went on, and the buildings appreciated in value during a real estate boom -- loans from the mortgage company allowed the owners to "strip mine" the equity from the buildings. This is a common slumlord modus operandi -- they suck money out of a building rather than put money back in for maintenance.

...The city attorney combined the network analysis, along with the city's own extensive investigation and was able to get a conviction of key family members. Later, all of one building's tenants filed a civil suit using much of the same evidence and won a sufficient award to allow all of them to move out into decent housing. Several tenants used a part of their award to start businesses.



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