Housing
Newark's Terrible New Foreclosure Fix Idea
Activists in the city think eminent domain can save their neighborhoods
The foreclosure crisis hit hardest in cities like Newark, New Jersey. Lenders preyed on low-income areas and made loans to people who had little ability to pay them back. READ MORE >>
The Ongoing and Hugely Risky Bailout of the Housing Market
Why the next housing crisis could be worse than the last one
After a long and wrenching plunge, the housing sector has finally bottomed out and seems to be recovering. According to the latest S&P/Case-Shiller index, home prices rose in nearly every metropolitan area during 2012 and turned in a solid gain of 7 percent nationally. Celebration would be premature, however. The human cost of the housing crash has been fearful. READ MORE >>
Your New Landlord Works on Wall Street
Hedge funds are snatching up rental homes at an alarming rate
Housing analysts have been giddy for the past year about the comeback of their industry, whose collapse led to the Great Recession. Sure, 2012 was actually the third-worst year for housing ever—but it still beat 2010 and 2011. New and existing home sales, housing starts, and prices jumped in 2012, and experts expect an even stronger recovery for 2013. READ MORE >>
