Tag: Bankruptcy
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Nation & World
For sale, cheap
Study finds that bank foreclosures reduce a house’s price by an average of 27 percent, and nearby homes see their prices cut by an average of 1 percent.
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Nation & World
Elizabeth Warren is the Bostonian of the Year
It seemed as if the banks and other firms got a $700 billion bonanza and the American taxpayer got the shaft. But along came this straight-shooting Harvard professor to oversee the bailout, someone who pledged to look out for the middle class and brought a sense of sanity to the economic crisis. For this we…
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Nation & World
More members of middle class file for bankruptcy
A new study by Elizabeth Warren, Harvard Law School Leo Gottlieb professor of law, and Deborah Thorne, Ohio University associate professor of sociology, finds that personal bankruptcy has become a largely middle-class phenomenon led by filers who are college-educated and owners of homes…