There’s yet another point to be made about the American housing crisis. The escape to the suburbs isn’t working so well these days…
The Sub-Prime Demographic Shift
Focusing on the foreclosures shows only part of the sub-prime fiasco’s effect on our country. Yes, we’ll have displaced people, a swelling poverty base, and an overall loss of consumer wealth. It will impact our businesses, manufacturing sectors and economic stability. Rising food and gas costs (along with housing costs) make up the bulk of [...]
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