Andy Kroll wanders through the rubble of California's subprime crisis and finds homeowners waiting 10-12 hours in lines for mortgage relief, plummeting property values, and what may be the seeds of more foreclosures to come.
Kroll visits a crowded mortgage relief center outside San Francisco and neighborhoods in Stockton riddled with abandoned homes and wonders how anyone can see this and call it an economic recovery. He writes:
"A passerby, stealing a quick glance, might have taken the crowd for avid concertgoers staked out for tickets. There was, however, no concert here -- just weary, huddled souls, slouched in vinyl folding chairs, covered by blankets, windbreakers, and knit hats against a late autumn chill. This was, in fact, the latest stop on the "Save the Dream" tour, a massive homeowner-relief event organized by a consumer advocate group, the Neighborhood Assistance Corporation of America (NACA).
No one -- not a single person -- I interviewed at "Save the Dream" agreed with Treasury Secretary Tim Geithner or Federal Reserve chairman Ben Bernanke that their country was on the economic rebound."
FULL STORY: Housing Meltdown, Ground Zero
The Historical Effect of Pandemics on the Economy and the Housing Market
Research into previous pandemics, like SARS in 2003, the Spanish Flu in 1918, and the early months of COVID-19 in China, offers insight into what to expect for the economy and the housing market during and after the current pandemic.
The Architecture Billings Index Was Strong on the Eve of the Pandemic
The Architecture Billings Index in February 2020 could lend hope in the current economic climate, or it could set a benchmark for a future recovery.
Changes in Houston Over the Last Decade
Comparing Houston in 2010 to the city today reveals a variety of transportation, infrastructure, and economic changes.
Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
The 120 Year Old Tiny Home Villages That Sheltered San Francisco’s Earthquake Refugees
More than a century ago, San Francisco mobilized to house thousands of residents displaced by the 1906 earthquake. Could their strategy offer a model for the present?
HSR Reaches Key Settlement in Northern California City
The state’s high-speed rail authority reached an agreement with Millbrae, a key city on the train’s proposed route to San Francisco.
Washington State Legislature Passes Parking Reform Bill
A bill that would limit parking requirements for new developments is headed to the governor’s desk.
Missouri Law Would Ban Protections for Housing Voucher Users
A state law seeks to overturn source-of-income discrimination bans passed by several Missouri cities.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Ada County Highway District
Clanton & Associates, Inc.
Jessamine County Fiscal Court
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Toledo-Lucas County Plan Commissions
Salt Lake City
NYU Wagner Graduate School of Public Service