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Government Spending, Not Corporations or Oil Prices, Fuels Inflation

Government Spending, Not Corporations or Oil Prices, Fuels Inflation
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Pollution Crisis in Mexico Shows Limits of Plastic Bag Bans in Global Capitalism

Mexican states like Puebla have banned plastic bags, but waste is overflowing due to exempt transnational companies. ....

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How Nonprofits Use a Legal Loophole to Flip California Homes — for a Profit

A 2020 law intended to make it easier for homeowners and nonprofits to buy foreclosed homes has been used by fake and out-of-state nonprofits to scoop up nearly 200 foreclosed homes across California, property records show. ....

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Newsom Signs SB 1079 Impacting Foreclosures - Cerritos Community News

Newsom Signs SB 1079 Impacting Foreclosures
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Summary: New California law gives owners, tenants, non-profits, and local governments a chance to outbid investors who buy foreclosures. It also bans the “auction bundling” of foreclosed homes, and prevents foreclosure blight with big fines. How will CA SB 1079 impact real estate investors in 2021 and beyond? Find out by reading more.
Introduction
If the pandemic produces another wave of foreclosures, investors will have to wait in line to buy California properties. Governor Gavin Newsom signed the CA SB 1079 legislation into law, which will give several other groups of people priority in the purchase of foreclosed homes, including previous owners. It also prevents “auction bundling” and imposes steep fines on those who let foreclosed homes turn into eyesores. ....

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