Housing

David Sirota's picture

CAF STAFF

The Housing Crisis and The Plague of Potomac Fever

We have been trained to think of states as the supposed "laboratories of democracy," but what they really are these days are a check and balance against federal inaction and Potomac Fever. That's the case I make in my newspaper column out today - especially as it relates to the housing crisis. more »

David Sirota's picture

CAF STAFF

Newsflash: Populism Is Popular

Whenever pundits and political elites express surprise at the power of populism, I always think back to the tongue-in-cheek headline of Chris Hayes' In These Times article that read "Economic Populism Proves Popular." Populism is an ideology that says that government should - gasp! more »

Alex Carter's picture

CAF STAFF

US housing starts sag, core prices up modestly

guardian.co.uk — U.S. home building skidded to a 17-year low last month while consumer prices rose slightly less than expected, leaving policy-makers room to cut interest rates further to ward off a housing-led slowdown.

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Alex Carter's picture

CAF STAFF

Housing Woes in U.S. Spread Around Globe

nytimes.com — The collapse of the housing bubble in the United States is mutating into a global phenomenon, with real estate prices swooning from the Irish countryside and the Spanish coast to Baltic seaports and even parts of northern India.

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Alex Carter's picture

CAF STAFF

Studies show housing crisis disproportionately affects women

ajc.com — Women on average were already in a more precarious economic position than men, and they appear to be taking much of the housing crisis hit. Sales and prices are down. Foreclosures have spiked in Georgia and across the nation. No one yet has a breakdown of the damage by gender. But studies show that women accounted for more than their share of the risky loans at the crest of the lending and buying boom.

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Alex Carter's picture

CAF STAFF

Agency Is Under Pressure to Develop Disaster Housing

nytimes.com — After the federal government announced in February that it would no longer use travel trailers to house the victims of future disasters, there was an initial sense of relief along the hurricane-scarred Gulf Coast.

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Alex Carter's picture

CAF STAFF

Home foreclosure bill passes Senate

news-press.com — Florida Sens. Bill Nelson and Mel Martinez voted for a housing relief bill Thursday intended to help homeowners and builders, but both expressed disappointment the measure didn't do more to help individuals keep their homes.

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Alex Carter's picture

CAF STAFF

Senate Approves Housing Package

washingtonpost.com — The Senate yesterday gave overwhelming approval to a modest package of tax breaks and other provisions aimed at easing the nation's housing crisis, while Democrats in both chambers pressed for more ambitious legislation to aid more than a million homeowners most at risk of foreclosure.

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Molly Swartz's picture

CAF STAFF

Homeowners at Risk

Nationwide, 1.5 million subprime adjustable-rate mortgages will reset to higher interest rates this year, putting many of those homeowners at risk of falling behind on their payments and losing their homes.

Source
Jeanne Sahadi, "Foreclosure fix faces murky future" CNNMoney.com, 8 April 2008. http://money.cnn.com/2008/04/07/news/economy/house_response_Sentatehousing/index.htm?postversion=2008040810

Maybe it's just time for a new political party.

progressive.org — Considering the ever-present and ever-frustrating obstructionism by Democratic "leaders" on everything from ending the occupation of Iraq to helping Americans who've been pounded into the dirt by the Bush economy, maybe it's time we write off the Democrats and start over from scratch.

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