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Tag Archives: sub-prime

The 2009 Depression and the geographies of 1929?

In discussions of the current financial crisis, the importance of housing and mortgages, and of foreign account imbalances, notably with East Asian manufacturing economies, suggests a failure in spatial fixes on which capitalism has been said to depend. Not only is this a matter of globalization but a crisis at the urban and [...]

Sub-Prime and Suburbia

As the “sub-prime” mortgage crisis winds its way across the United States (and impacts the lives of everyone else) we are left wondering how this real estate tsunami will affect the future of home-buying, suburbia, and urbanism. The Atlantic.com suggests that the shuttering of the suburban dream is being fiscally hastened by financial crises, and [...]