2 posts tagged with mortgagecrisis by stbalbach.
Displaying 1 through 2 of 2.
The Dow went up today.. don't watch the Dow. Here’s the number that really captures the financial crisis [TED spread]. [more inside]
The sub-prime mortgage crisis is giving way in some places to crime ridden McMansion ghettos, perhaps the beginning of a larger long term trend in demographics: "many low-density suburbs and McMansion subdivisions, including some that are lovely and affluent today, may become what inner cities became in the 1960s and ’70s—slums characterized by poverty, crime, and decay."