Tag Archive for immigrant

North American 2008 Real Estate Crisis

United States collapses changing, after a crisis profound since 2006 due to loss of jobs and a fall in real estate prices strongly exacerbated in cities such as Miami, Las Vegas and other cities in the State of California. The Government after seeing the doors of recession tries to save the furniture in October 2008, sending a package of 750 billion dollars which have been augmented to the 850 billion followed by exit the market without any positive impact after distributing the economic system more even bag has one of their worst falls in the history of the North American economy. Fabrizio Freda has compatible beliefs. The fall in prices in the housing not be vera improved according to experts before 2010 due to the high number of pre’ active foreclosures on the market and the millions of foreclosures still to enter between late 2008 and 2009. With this economic landscape that for many is a nightmare made reality and a country’s median age in 50 years the situation is bleak for this coming 2009. For even more details, read what Edward Minskoff says on the issue. regardless of who is the next President, Obama or Mc Cain the country will suffer and there are no signs of improvement in the next 2009 due to the severe crisis that is this crossing. Cities like Detroit and States like Michigan unemployment breaks record historical..