Real Estate Empires and "Non-Profit" Charter Schools

From Common Dreams:

Charter schools, once the darling of politicians on the right and left, have become a hot potato in the Democratic Party 2020 presidential primary with nearly every candidate voicing some level of disapproval of the industry. A common refrain among the candidates is to express opposition to “for-profit charter schools.” Charter school proponents counter these pronouncements by pointing to industry data indicating only 12 percent of charter schools are run by overtly profit-minded entities, and that most charter schools are overseen by outfits that have a nonprofit, tax-exempt status.

But the singling out of for-profit charter schools is somewhat beside the point as residents of a St. Paul, Minnesota, neighborhood learned this summer when a treasured local landmark was threatened by an expanding charter school. The charter was decidedly nonprofit, but as families and preservation advocates would learn from their tenacious, but ultimately unsuccessful, battle to save a beloved, historic church, charter schools, regardless of their tax status, have become powerful players in a lucrative real estate market in urban areas where land values are high and empty lots or school-ready buildings are hard to find. . . .

Read on here.