Info

Mike Iraheta. Diesel mechanic, he was originally from Detroit. He lost his home to foreclosure after a workplace injury, now he rents from a Canadian landlord. Pompano Beach, Florida. 2012.

Part of a collaboration I did with journalist David Koch, titled Snowbirds After the Storm and published in the Dominion magazine, documenting Canadian investors profiting from the sub-prime meltdown by buying up foreclosed homes in low income Florida neighbourhoods. The huge number of foreclosures caused a surge in tenants seeking rental units and subsequently a surge in rental prices. Investors could buy homes cheaply and rent them to residents for often more money than they had previously been paying in Mortgages.

Add to Lightbox Download
Filename
Snowbirds 06.jpg
Copyright
Neal Rockwell
Image Size
2080x2048 / 3.7MB
Contained in galleries
Portraits
Mike Iraheta. Diesel mechanic, he was originally from Detroit. He lost his home to foreclosure after a workplace injury, now he rents from a Canadian landlord. Pompano Beach, Florida. 2012.<br />
<br />
Part of a collaboration I did with journalist David Koch, titled Snowbirds After the Storm and published in the Dominion magazine, documenting Canadian investors profiting from the sub-prime meltdown by buying up foreclosed homes in low income Florida neighbourhoods. The huge number of foreclosures caused a surge in tenants seeking rental units and subsequently a surge in rental prices. Investors could buy homes cheaply and rent them to residents for often more money than they had previously been paying in Mortgages.