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Resource ID: #7285
Subject: Real Estate
Source: St. Louis Post-Dispatch
Date: 1990-07-01



St. Louis Post-Dispatch analyzes computer records to identify speculators investing in land auctioned for delinquent taxes in East St. Louis; the mayor of the predominantly black city has insisted that white power brokers were driving the city down so they could buy up the land, force blacks to leave and then redevelop the city, but the largest speculators turned out to be slum lords and speculators hoping to make money.

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