Little Rock Cause and effect. Truth and consequences. What goes around, comes around. Pick your favorite, but it was virtually inevitable that when you have a residential housing bubble explode, a recession, massive foreclosures, wipe out 30-years of home ownership gains among African-Americans and Latinos, and tighten credit markets and standards for low-and-moderate income families, …
Tag: renting
Is Affordable Housing Being Crucified by Inequality
New Orleans Increasingly it seems that we are going to have to decouple the issue of home ownership and affordable housing at least in the traditional sense of small footprints in the dirt with picket fences around them. Home ownership due to harder loan standards, tighter credit, and the Great Recession has now fallen to …