Uncloaking a Slumlord Conspiracy with Social Network Analysis
As time went on, and the buildings appreciated in value during a real estate boom -- loans from the mortgage company allowed the owners to "strip mine" the equity from the buildings. This is a common slumlord modus operandi -- they suck money out of a building rather than put money back in for maintenance.Strip mining the equity?  It's their building, isn't it?  Seems to me that if someone wants to own a pile of cash and a worthless building instead of owning a well-maintained building, that's a business decision they should be entitled to make.