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Editorial: The human cost of housing scarcity

Palo Alto Jane Huang, 29 Huang moved to Palo Alto with her parents at the age of four. She attended local high schools and Stanford University. Yet despite her hard work, the Palo Alto housing market is too challenging for her to foresee a future in her hometown. “I went to Stanford, I work as a software developer, I make a six-figure income, and I still have to live with three roommates,” Huang said. “What more can I do?” Huang isn’t worried about not being able to pay her rent, but she is worried about doing anything that might upset her landlord. “Landlords have a lot more power here than they used to,” she said. “They know how impossible it would be for their renters to find anything else locally.” While her concerns for herself are real and serious — “With the current housing market , I’m afraid I’ll have to live with roommates for the rest of my life” — she’s equally concerned about what the housing market means for the many Palo Altans who weren’t fortunate enough t...

Residents claim Pepper Tree Apartments evicting them after complaining about shooting

WHITEHAVEN, Tenn. -- Police said they are looking for whoever shot at a Memphis police squad car Tuesday morning in Whitehaven. No one was hurt, but you may recognize where this crime happened. Memphis Police has responded to dozens of calls at Pepper Tree Apartments over the years. The District Attorney almost declared it a public nuisance more than 5-years ago, but the complex owners promised to make changes. WREG went to Pepper Tree Tuesday afternoon and uncovered even more problems and residents who said they do not feel safe. "If you stay here, get the f*** away from here," tenant Whitney Carpenter said. Carpenter was furious because she said Pepper Tree Apartments told her she and her infant son have three days to get out. They told her she was loitering by standing outside her own apartment. However, her friend said wasn't the truth. "It all came from us talking to you," she told a News Channel 3 crew . Carpenter spoke briefly with WREG off camer...

Carl Icahn’s Failed Raid on Washington

One day in August, 2016, the financier Carl Icahn made an urgent phone call to the Environmental Protection Agency . Icahn is one of the richest men on Wall Street, and he has thrived, in no small measure, because of a capacity to intimidate. A Texas- based oil refiner in which he had a major stake was losing money because of an obscure environmental rule that Icahn regarded as unduly onerous. Icahn is a voluble critic of any government regulation that constrains his companies. So he wanted to speak with the person in charge of enforcing the policy: a senior official at the E.P.A. named Janet McCabe . Icahn works from a suite of offices, atop the General Motors Building , in midtown, that are decorated in the oak-and-leather fashion of a tycoon’s lair in a nineteen-eighties film. During that decade, Icahn made his reputation as one of the original corporate raiders , pioneering the art of the hostile takeover and establishing himself as a human juggernaut—a pugnacious deal machine ...