Thread by @reveal

1/ After President Trump was elected, reporter @Aaron_Glantz began to wonder how having a former real estate developer in the White House would impact the U.S. housing market.

This work started as a series of stories here at @Reveal.

Now it's a book. harpercollins.com/9780062869531/…

2/ In years of reporting, @Aaron_Glantz discovered that many members of President Trump’s inner circle had profited off the housing bust ...

3/ In 2017, Glantz investigated @TomBarrackJR, President Trump’s best friend, who chaired his inauguration committee – and owned a real estate empire that profited off of the 2008 housing crisis. revealnews.org/article/profit…

4/ He also learned that Treasury Secretary @stevenmnuchin1’s bank increased its foreclosure rate for seniors in the months before Mnuchin joined President Trump’s administration. revealnews.org/blog/foreclosu…

5/ In fact, many of Trump’s associates played a role in orchestrated financial schemes that helped plunge U.S. homeownership down to its lowest levels since 1965.
revealnews.org/article/the-ho…

6/ Glantz + Emmanuel Martinez also found a pattern: Across the US, banks turned away people of color when they tried to buy homes, even when ...

*they made the same amount of $$
*tried to take out the same size loan
*they bought in the same neighborhood revealnews.org/article/for-pe…

7/ For example, they found that JP Morgan Chase, the biggest lender in D.C., was more likely to deny conventional home purchase loans to people of color.
revealnews.org/article/chase-…

8/ #Homewreckers is out Oct. 15.

It examines how, during the housing crisis, some people lost everything while others profited. harpercollins.com/9780062869531/…