Posts Tagged ‘prime angst

One of the most shocking things about the economic bust is the frightening speed at which it has become mission critical. Sure, the subprime cracks started to show in 2007, but the whole thing was barely on the WEF radar last year in Davos. Last May, we raised a red flag about alarming economic problems [...]

26 Dec, 2008

Three generations under one roof

Posted by: Marian Salzman In: American life| housing crisis

Not long ago, many people believed the safest bet for their retirement years was to cash in the equity in their homes and move to an apartment or retirement community. But downsizing to a smaller home doesn’t help if you’re selling at a loss. The result: More and more retirement-age moms and dads are [...]