Oracle Asked To Help Low-Income Residents Evicted For Its New Cloud Campus (cio.com)

itwbennett writes: Roughly 100 low-income families were evicted from an apartment complex on the land in Austin, Texas where Oracle plans to build a new 560,000 sq. foot cloud-computing campus. Some of the former tenants of Lakeview Apartments had leases through the end of the year, but were reportedly forced by owner Cypress Real Estate Advisors to move out early. Some have said their security deposits were not returned, and they have had no assistance as they've struggled to find comparably priced housing. Last week, some of those residents gathered near the site of their former home to protest and to appeal to Oracle for assistance.

Comments

Re:Move to a proper country

[drinkypoo]

Ahh more insults from you, this is becoming common.

Stop commonly saying things only worthy of an insulting reply.

Just because a bank is holding onto property does not mean its empty,

Red herring. In fact, these properties are empty, and the banks are holding on to them, not the other way around. This is well-known, and citations abound. If you were not being deliberately disingenuous I would suggest you learn to use google. Instead, I'll suggest you stop being disingenuous.

Plus I really dont think there are 640million empty properties right now in the US ("multiple empty houses for every man, woman and child" is what you said

Yes, that is wrong, because I misspoke. I apologize. The truth is that there are multiple empty houses for every homeless man, woman and child. The point of such a statement is to show that homelessness in America is a created problem.

Of that $618Billion, the Federal Reserve has seen $681Billion flow back, and thats with about $230Billion in loans yet to be repaid. Puts your "elaborate theft from the taxpayer" comment in a new light, now doesnt it...

No, no it does not. The theft was of property, and the means was writing mortgages illegally, and then being loaned money to cover the costs of the whole scam. They kept the property. They still own it. We still have a chronic homelessness problem in this country, which we could fix if we had the will. Instead, we had the will to give the money to the banks.