Occ. Wall St. arrests show many rich homes
Jack Kemp
This comes as no surprise, but the details are interesting.
Read more: http://dailycaller.com/2011/11/02/nyc-arrest-records-many-occupy-wall-street-protesters-live-in-luxury/#ixzz1ca7MEoBc
Many “Occupy Wall Street” protesters arrested in New York City reside in more luxurious homes than some of their rhetoric might suggest, a Daily Caller investigation has found.
For each of the 984 Occupy Wall Street protesters arrested in New York City between September 18 and October 15, police collected and filed an information sheet recording the arrestee’s name, age, sex, criminal charge, home address and — in most cases — race. The Daily Caller has obtained all of this information from a source in the New York City government.
Among addresses for which information is available, single-family homes listed on those police intake forms have a median value of $305,000 — a far higher number than the $185,400 median value of owner-occupied housing units in the United States.
Some of the homes where “Occupy” arrestees reside, viewed through Google Maps and the Multiple Listing Service real estate database, are the definition of opulence.
Using county assessors and online resources such as Zillow.com, TheDC estimated property values and rents for 87 percent of the homes and 59 percent of the apartments listed in the arrest records.
Even in the nation’s currently depressed housing market, at least 95 of the protesters’ residences are worth approximately $500,000 or more. (RELATED SLIDESHOW: Opulent homes of the ’99 percent’)
The median monthly rent for those living in apartments whose information is readily available is $1,850.
This comes as no surprise, but the details are interesting.
Read more: http://dailycaller.com/2011/11/02/nyc-arrest-records-many-occupy-wall-street-protesters-live-in-luxury/#ixzz1ca7MEoBc
Many “Occupy Wall Street” protesters arrested in New York City reside in more luxurious homes than some of their rhetoric might suggest, a Daily Caller investigation has found.
For each of the 984 Occupy Wall Street protesters arrested in New York City between September 18 and October 15, police collected and filed an information sheet recording the arrestee’s name, age, sex, criminal charge, home address and — in most cases — race. The Daily Caller has obtained all of this information from a source in the New York City government.
Among addresses for which information is available, single-family homes listed on those police intake forms have a median value of $305,000 — a far higher number than the $185,400 median value of owner-occupied housing units in the United States.
Some of the homes where “Occupy” arrestees reside, viewed through Google Maps and the Multiple Listing Service real estate database, are the definition of opulence.
Using county assessors and online resources such as Zillow.com, TheDC estimated property values and rents for 87 percent of the homes and 59 percent of the apartments listed in the arrest records.
Even in the nation’s currently depressed housing market, at least 95 of the protesters’ residences are worth approximately $500,000 or more. (RELATED SLIDESHOW: Opulent homes of the ’99 percent’)
The median monthly rent for those living in apartments whose information is readily available is $1,850.
posted by Timothy Birdnow | 5:10 AM
0 Comments:
Post a Comment
<< Home