Lesson 8: Housing Market Collapse and Foreclosure Tsunami
December 7, 2023
Review:
- Deregulation and the 2008 Housing Crisis
Presentation:
- Mortgage Meltdown as reported on CBS 60 Minutes
- US Mortgage Meltdown (May 2008; 12 min)
- Walking Away from Underwater Mortgages (May 2010; 12 min)
- Neighborhood Deterioration (Dec 2011; 13 min)
- “Banks are Destroying America’s Neighborhoods” blog posts (2012)
- Affordability Crisis
- PBS Newshour Interview with Matthew Desmond
- Frontline Investigation of the Affordable Housing Crisis (00:00-09:40)
Assignment:
- Watch Poverty Politics and Profit (PBS Frontline)
- Recommended (not required): 99 Homes
