Americans dream for a home on unstable ground

This article reviews a recent poll on American attitudes towards owning a home in light of the Great Recession and the housing crisis, and reevaluates the place of homeownership in the American Dream. This article comes from First Tuesday Journal Online. Homeownership is at home in the American Dream Eighty percent of Americans believe it…

Why so many vacant homes in San Francisco?

Article from: http://www.sfgate.com/cgi-bin/blogs/ontheblock/detail?entry_id=86027#ixzz1IJqkOHdO Last week, Blanca Torres of the San Francisco Business Times, wrote an interesting blog about the relatively high rate of vacant homes in San Francisco. After analyzing the 2010 U.S. Census data, she surprisingly discovered that San Francisco had the highest percentage of vacant homes in the Bay Area. San Francisco, one…

Secured credit lines: insurance, or trap?

From First Tuesday Journal Online This article examines the purpose and stability of credit lines during a recession, especially those lines of credit offered by financially unstable banks. Cash on demand, as agreed Consider the owner of a business that has been steadily expanding in the years leading up to an inevitable business slowdown, called…