Earlier this week, Toxie, NPR's cutest toxic asset died. One of the mortgages bundled into this asset was an investment property in Bradenton, Florida, which, like many Florida homes, has never been occupied or served as anything other than a financial instrument. Boston.com's Big Picture recently took a look from above at the effects that this (and previous) housing bubbles have had on the development of Florida's cities and landscapes. How do you design a city that nobody plans to live in? (Previously)
Toxie, the adorable little toxic asset purchased by NPR's Planet Money, has died. Her story is told through adorable animation, a radio segment, a text story, and there's even a song at the bottom of the page.