The Krile Files

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February 27, 2008 · Leave a Comment

This is about as grim a picture as anybody could paint.

McMansion dotted suburbs may become the new slums

The subprime crisis is just the tip of the iceberg. Fundamental changes in American life may turn today’s McMansions into tomorrow’s tenements. Strange days are upon the residents of many a suburban cul-de-sac. Once-tidy yards have become overgrown, as the houses they front have gone vacant. Signs of physical and social disorder are spreading. At Windy Ridge, a recently built [...]

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Categories: Economy · Housing Market

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