The Rise of the New Land Lords 

After gobbling up foreclosed homes in Oakland and other communities, wealthy corporate investors are now creating what Wall Street calls the "rentership society."

Cheri King's house on 64th Avenue in East Oakland's Havenscourt neighborhood has pale blue trim, a brick chimney, and a shady front porch sheltered by a gently sloping gable. Dozens of other bungalow-style homes line the surrounding streets. Each is slightly different…

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