New Orleans One of the many unresolved issues from the Great Recession, still painfully winding down, is whether or not it is time to call the dream of home ownership for low-and-moderate income families a tragic mirage. Having wiped out a generation of increased ownership among African-Americans and Hispanic families, and lacking a concerted funding …
Tag: housing
Bank Mortgage and Foreclosure Problems Won’t Go Away
New Orleans No matter how many billions banks pay to try to whitewash their devastatingly destructive behavior in milking home owner mortgages and turning homeowners every way but loose, they can’t make the mess go away. The stains and scandals are indelible and their refusal to change their culture or their standard operating practices guarantees …
Submerged State
New Orleans A frequent theme in the years leading up to the complicated and star crossed rollout of the Affordable Care Act or Obamacare among the pundits, editorial writers, and commentators tried to nick the President for his weak kneed efforts to “sell” the program to the American public. Reading Cornell Professor Suzanne Mettler’s Submerged State: …