Less visible than the rise of income inequality in America is its impact in shaping the country’s urban neighborhoods. Two books—by Matthew Desmond and Mitchell Duneier—could help change that.
About 7.5 million people still owe more on their mortgages than their homes are worth. And in some counties, numbers are climbing.
University presidents are scrambling for answers on everything from on-campus housing to revenue-generating sports.
The disaster can teach California how to rebuild, if the state will listen.
No. Changes are necessary -- they just need to be applied very carefully.
It’s the most important economic lesson of the decade: What goes up must come down (and what’s gone down will probably go up again).