Jessica Moreno and her family lived happily in Charlotte, North Carolina, she said, until new owners bought the property where their rented mobile home was located, changing services and significantly raising prices. “Where were we going to find a rent of 300 dollars? Nowhere. That's why we had to leave,” Moreno said. "I constantly see that when companies buy houses, the poor have to leave because rents and services go up, it’s like that." Her family’s experience spurred Moreno to become a community organizer at Action NC , a grassroots mobilization group aimed at tackling inequality and poverty. "Maybe we don’t understand that we…
Wall Street's housing stock leaves families struggling to buy and rent homes
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