Monday, December 01, 2008

A case study in housing collapse

Thanks to Infinitefetish for this story:

TAMPA — Thousands of miles from the trading floors of global stock markets, an abandoned house in one of Tampa's poorest neighborhoods is an improbable place to learn about why the world's financial system is collapsing.

But if you want to understand how we got into this mess, the stucco house at 4809 N 17th St. isn't a bad place to start.

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