Tent cities spring up in L.A. With foreclosures rates still rising, shantytowns have started springing up in Los Angeles.
posted on Mar 18, 2008 - View this thread

America's debtor prisons.
posted on Jan 25, 2008 - View this thread

What's the link between:
1) the quickly-growing number of American homeowners becoming unable to pay their mortgages after their ARM's reset (a trend nicknamed "ARMageddon" -- applicable in the UK too), which is translating into soaring foreclosure rates, and in turn forcing at least 60 US semi-shady mortgage brokers to go belly-up in the past year (i.e. the "subprime meltdown"), and...
2) the recent implosion and impending financial bailout -- which may become the biggest since the Long Term Capital Management fiasco of 1998 -- of two Bear Stearns hedge funds which dealt in mortgage securities? [more inside]
posted on Jul 11, 2007 - View this thread

Home Prices Do Fall A look at the collapse of the 1980's real estate bubble through the eyes of The New York Times
Better with Times select. Also better with Firefox's fetch text extension
posted on Feb 12, 2006 - View this thread

How to detect a housing bubble. (Via Seeing the Forest.)
posted on May 4, 2005 - View this thread

The Fall of Fannie Mae This is not your ordinary accounting fraud. Yes, there's the matter of $9 billion in overstated earnings. But the fight over Fannie is a nasty political showdown where everyone has his own agenda. And it's not over yet.
posted on Jan 25, 2005 - View this thread