Homeownership Short-lived In Inner City

Concerns about predatory lending in the inner city are particularly acute.

1 minute read

May 2, 2001, 6:00 AM PDT

"A short walk through low-income neighborhoods in major US cities yields a distressing countertrend to today's home-ownership boom."For sale" signs proliferate -- testaments to a sudden jump in foreclosures in the nation's inner cities. The trend is seen from Chicago to Miami to Philadelphia, a city where the number of families who've lost their homes because they couldn't make their mortgage payments has doubled since 1997."

Thanks to Tom Collins

FULL STORY: Homeownership can be short-lived in inner cities

Tuesday, May 1, 2001 in The Christian Science Monitor

Social / Demographics United States

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban and Environmental Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban and Environmental Planner

Get top-rated, practical training for planners

Start Learning

Advertise with us

FREE Course: Walkable City 1: Why Walkability?

After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.