Tuesday, March 10, 2009

Anthony Suau - The Housing Meltdown

Anthony Suau - The Housing Meltdown (Digital Journalist, March 2009). "...An employee hired by mortgage companies to protect foreclosed homes around the country told me that Cleveland was on the fast track to becoming a Detroit. After my first three-day trip to the city I felt certain he was right. It is a city spiraling into an economic nightmare. I'd seen so many boarded up homes that I could not imagine how it would pull out from the tailspin without national funding. It was too big for the city to save and too big for the state. So I returned for a second three-day trip to take a closer look.