Is This the Big One? Is This the Big One?
The blowback of housing deflation on our overleveraged financial markets has seriously constricted the flow of credit--the lifeblood of the world's largest debtor economy.
Buyers’ Remorse Buyers’ Remorse
Home equity--for those lucky enough to own a house or condo--is a primary source of economic security. But unsold inventory, rising interest rates and record levels of mortgage def...
Nov 21, 2005 / Feature / Nicholas von Hoffman
Pop Goes the Real Estate Bubble Pop Goes the Real Estate Bubble
Stocks crash and housing prices tend to go down with a whisper. But a disturbing number of signs now point to a sudden burst of the real estate bubble.
Oct 5, 2005 / Feature / Nicholas von Hoffman
New Orleans: Raze or Rebuild? New Orleans: Raze or Rebuild?
Despite persistent calls from the right to raze the ruined city, gritty storm survivors from New Orleans to Gulfport and Houston begin to put their lives together again.
Sep 12, 2005 / Feature / Christian Parenti
Bush’s House of Cards Bush’s House of Cards
As bad as Bush's economic record is, it would appear far worse if not for the housing bubble.
Aug 9, 2004 / Feature / Dean Baker
Fight for Survival in NYC Fight for Survival in NYC
Talk about rebuilding New York, and sooner or later someone will pipe up that out of crisis comes opportunity. It depends on where you stand. Right now what poor and working-clas...
Jan 3, 2002 / JoAnn Wypijewski