Tags Speculative investment
Tag: speculative investment
Housing is a national crisis due to speculative investment and gentrification. I spoke to Noni Session, executive director of the Oakland-based East Bay Permanent Real Estate Cooperative (EBPREC), about solutions. “EBPREC is: A movement based, investor crowd-funded, multi-land holding entity through which Black, Indigenous, People of Color, and allied communities can cooperatively organize, finance, purchase, occupy, and steward properties, taking them permanently off the speculative market." The Co-op launch party is tomorrow, Dec. 5, at the Oakland Impact Hub.