Los Angeles' Disadvantaged Population Run Over by Lack of Transit Options, Again | Adrian Martinez's Blog | Switchboard, from NRDC: "The LA Times has run a series of provocative articles on “Buy Here, Pay Here” dealerships, which according to the articles can have vicious impacts on consumers, particularly the low-income consumers that tend to use these services. The articles can be found here, here, and here. Overall, the stories highlight yet another predatory practice that is targeted towards low-income residents desperate for transportation to get to work or attend school to provide shelter, food, and clothing for their families. The second story in the series highlights how some on Wall Street have invested into another market betting on people failing to make their payments—this appears eerily reminiscent of housing bets made by our banks."
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