Monthly Archives: February 2008

Apparently the Massachusetts AG is holding a public hearing on Monday at 10 am that deals with mortgage lending practices. Eric in particular may benefit from going to this. -David 

This is an interesting twist to dealing with foreclosure problems.

Just more proof that foreclosure affects people of all classes.

Shaken Foundations: Local Impact of the National Housing Crisis

 About us

Sara Alterman compares an urban (Area 4 Cambridge) and a suburban community (Sudbury) and examines the symbiotic impact of foreclosures.

Eric D’Orazio examines who is profiting off the foreclosure crisis.

Javier Garcia-Albea explores how communities are fighting back against rising costs and foreclosure.

Katelyn Harding examines the growth of McMansions in towns like Wellesley, Lincoln and Weston.

David Maltz looks at how urban renters are affected by the rising costs to live.

Colleen Thompson examines how recent college graduates are affected by high housing costs in Boston.

 About this project

A multimedia collaboration of Emerson College’s graduate journalism students, Shaken Foundations examines how the national housing crisis affects Massachusetts communities across race and class lines.  How is the housing crisis affecting renters? How are communities fighting back? Where do people go when they have to abandon their homes? Who is profiting from the foreclosure crisis? These are some of the questions Shaken Foundations attempts to answer.

Today’s top CNN story.

“Merrill Lynch, for example, is forecasting home prices will fall by 15% in 2008 and another 10% in 2009. That will likely continue to fuel high foreclosure rates.” – an excerpt

- Katelyn Harding

This wonderful article may be of some value to Eric.

-David

http://www.newsweek.com/id/106188

A good article from Newsweek.

- Katelyn

Welp, today we did our asset list. And, I think we have a good handle on the work that we have to do. I am planning on calling some architects today, to get their P.O.V. on the McMansion issue.

 Javier – for our collaborative piece I think we really should do something visual, obvi, such as a slideshow using your amazing camera, or I’m even willing to try my hand at avid, to put together something multimedia-like for the project. I know you’re game.

I’m also planning on posting a lot of links that I’ve found along the way later today. That’s it for now.

-Katelyn Harding

Here it is guys. Our current asset list.

-David Maltz

http://www.boston.com/realestate/news/articles/2008/02/19/wheeling_and_dealing/

this might be interesting to cover for the “who is profiting?” section…

-Javier