A new report, Billionaire Blowback on Housing: How concentrated wealth disrupts housing markets and worsens the housing affordability crisis, explains how the United States has entered a state of hyper-gentrification in which the average person has to compete with a large corporation when it comes to buying or renting a home. There are currently 28 vacant homes for every homeless person. Clearing the FOG speaks with Chuck Collins, a co-author of the report, and Mehrdad Azemun of Peoples Action, about the housing crisis, the vision for a homes guarantee and how people are working to make housing a human right.
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Chuck Collins is the Director of the Program on Inequality and the Common Good at the Institute for Policy Studies, where he co-edits Inequality.org. He is an expert on U.S. inequality and the racial wealth divide and author of over ten books and dozens of reports about inequality, climate disruption, philanthropy, the racial wealth divide, affordable housing, and billionaire wealth dynasties.
His 2023 book is a novel, Altar to an Erupting Sun (Green Writers Press), a near-future story of one community facing climate disruption in the critical decade ahead. See more at www.chuckcollinswrites.com.
His 2021 book, The Wealth Hoarders: How Billionaires Spend Millions to Hide Trillions (Polity Books), unmasks the industry of professional enablers that assist the ultra-wealthy to hide wealth and dodge taxes.
He is author of the popular book, Born on Third Base: A One Percenter Makes the Case for Tackling Inequality, Bringing Wealth Home, and Committing to the Common Good (Chelsea Green); He is co-author, with the late Bill Gates Sr. of Wealth and Our Commonwealth, (Beacon Press, 2003), a case for taxing inherited fortunes. He is co-author with Mary Wright of The Moral Measure of the Economy, a book about Christian ethics and economic life. He was featured in this interview in Sun Magazine and with Terry Gross on NPR’s Fresh Air.
He is a founding member of the Patriotic Millionaires. In 1995, he co-founded United for a Fair Economy (UFE) to raise the profile of the inequality issue and support popular education and organizing efforts to address inequality. He was Executive Director of UFE from 1995-2001 and Program Director until 2005.
Mehrdad Azemun is Senior Strategist at People’s Action. He has been organizing for over 20 years, with deep experience in community organizing, electoral politics and the immigrants rights movement.