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

[mysidia]

thanks to the bailout, the banks can afford to not sell those homes for whatever the market can bear, so they are sitting on them and refusing to sell them in order to keep real estate values high

If that's true, then the government should file charges against them for housing market manipulation, and forcibly liquidate the properties on their behalf.

Re:Snoracle

[binarylarry]

Who in their right fucking mind would want to put their business in Oracle's hands?

Remember when they totally botched the nation's new health care system?