New Orleans Every report indicates that predatory practices are spreading when lower income families are trying to acquire homes in the current real estate market where banks have cut back on small loans, the subprime lending market has virtually disappeared, and vulture investors are trying to exploit the situation. The terrible result has been an …
Tag: low-income families
Tradeoffs Between Time and Money
New Orleans Two professors reported on the results of a study they made about the choices people made between time and money. They reported that people were happier and more satisfied with their lives when they chose to value time over money. They led into the piece by mentioning that one of the economists – …
Hot Check Court Another Debtors’ Prison for the Poor
Little Rock My brother-in-law and I agree on a million things, but those are family things, construction projects, upkeep of my trailers, automotive advice, and fixing anything and everything, but we do our best to NOT talk about politics, because he’s what you might call a Huckabee-man in Arkansas terms, and I’m anything but. We …