Its the global economic paradigm, stupid!

spencer — Sun, 10 Aug 2008 03:05:20 +0000

As anyone who has been even remotely cognizant of the news can tell you, the US is facing some bad times. We are having credit failures, banking collapses, increased food costs, increased energy costs, a craptacular housing market, and a general retail slump. The last one is worrisome to me, the incessant purchasing of the American middle class has been the economic engine keeping this boat afloat and paddling upstream. With the recent closing of national chains such as Steve and Barry and the downsizing of Starbucks I have to wonder how this is affecting the independent merchant, and then I stop and realize that except for the high-end boutiques and artists and artisans there really are no more mom and pop shops in this country. But that chilling thought aside, the area most visibly harmed in this country has been the housing market.

Post from: selophane.blog

Its the global economic paradigm, stupid!

Article: Real Estate Road Trips Scout Troubled Market

spencer — Fri, 04 Apr 2008 04:44:58 +0000

So I don’t know how I missed this, but apparently on Monday, March 31st The Washington Post ran an article about the new phenomenon of Foreclosure Tours in the DC/NOVA metro area (Click here for the article). This strikes a sore spot with me, it makes me think of the Katrina tours that sprung up in New Orleans once tourists started to return to the city. Now I know this is a different sort of animal; the article describes these tours as “foreclosure seminars on wheels” and they are intended to help fill in neighborhoods instead of to educate. Yet in the end, I wonder, aren’t they both ways of profitting off of the pain and suffering of others? Now i know that this in and of itself is not really architecture or design related, but I feel as if the whole foreclosure mess stems from the modern architecture and urban development of the US. For the past century we have been spreading farther and farther from urban centers and the average american living space has ballooned, this has not only affected us mentally and physically, but it is also affecting us environmentally and monetarily. As we move farther from [...]

Post from: selophane.blog

Article: Real Estate Road Trips Scout Troubled Market

selophane.blog » housing market

Its the global economic paradigm, stupid!

Article: Real Estate Road Trips Scout Troubled Market