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Market for fixer-uppers traps low-income buyers

Contracts for deeds lure them into home ownership but ends in eviction when payments and taxes go unpaid

Critics say that contracts for deeds take advantage of people's desperation and can worsen neighbourhood blight.

Akron, Ohio

HUNDREDS of broken-down houses still dot the streets of this one-time tyre capital of the world, a scar from the financial crisis and housing bust.

The wood has rotted in some, others have black mould, broken windows or failing foundations. Many lack working electrical...

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