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“Myth: US housing market is in recovery. Fact: Big banks have been hiding their bloated home inventory, seized by virtue of home foreclosures.”
Ziad K. Abdelnour“I am now 33 years old, and it feels like much time has passed and is passing faster and faster every day. Day to day I have to make all sorts of choices about what is good and important and fun, and then I have to live with the forfeiture of all the other options those choices foreclose. And I'm starting to see how as time gains momentum my choices will narrow and their foreclosures multiply exponentially until I arrive at some point on some branch of all life's sumptuous branching complexity at which I am finally locked in and stuck on one path and time speeds me through stages of stasis and atrophy and decay until I go down for the third time, all struggle for naught, drowned by time. It is dreadful. But since it's my own choices that'll lock me in, it seems unavoidable--if I want to be any kind of grownup, I have to make choices and regret foreclosures and try to live with them.”
David Foster Wallace, A Supposedly Fun Thing I'll Never Do Again: Essays and Arguments“National data on evictions aren't collected, although national data on foreclosures are. And so if anyone wants to, kind of, get to know any statistical research about evictions, they have to really dig in the annals of legal records.”
Matthew Desmond“If you count all forms of involuntary displacement—formal and informal evictions, landlord foreclosures, building condemnations—you discover that between 2009 and 2011 more than 1 in 8 Milwaukee renters experienced a forced move.”
Matthew Desmond, Evicted: Poverty and Profit in the American City“Today's misery is real unemployment, home foreclosures and bankruptcies. This is the Obama Misery Index and its at a record high. Its going to take more than new rhetoric to put Americans back to work - its going to take a new president.”
Mitt Romney