The Citistates Group presents

Archive: Peter Katz

Will Rescue Plan Simply Serve Sprawl?

For Release Sunday, October 12, 2008
Citiwire.net
By Peter Katz
There’s a critical “place” story beyond the carelessness and/or chicanery of subprime mortgage lenders and resellers who precipitated the crisis that’s triggered a $700 billion federal bailout and global financial jitters.
It’s the brutal geographic sorting out of winners and losers among the residential properties we call home. [...]