Enraging story: the city of DC sold small tax liens to wealthy investors, who tacked on sky high fees and interest rates and eventually foreclosed on the homes of some of the city's most vulnerable residents. washingtonpost.com/sf/investigati…
The man at the center of the story had his $197,000 house taken away by wealthy investors over a $134 tax debt. washingtonpost.com/sf/investigati…
"One 65-year-old flower shop owner lost his Northwest Washington home of 40 years after a company from Florida paid his back taxes — $1,025 — and then took the house through foreclosure while he was in hospice, dying of cancer." washingtonpost.com/sf/investigati…
"A 95-year-old church choir leader lost her family home to a Maryland investor over a tax debt of $44.79 while she was struggling with Alzheimer’s in a nursing home." washingtonpost.com/sf/investigati…
Just realized: this story is from 2013. For some reason it popped up on my feed several times today. Still enraging! I wonder if the district ever made any changes? @dataeditor?
Hell yeah, here’s what happened in the wake of this story
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