7/14/2008

Video: Race, Ethnicity and the Subprime Mortgage Crisis

Researchers studying the housing market believe that the foreclosure crisis is just beginning. Some of them say that it will continue into 2010. Black communities are expected to experience a historic loss of wealth and suffer further from the negative ripple effects of communities with vacant homes and declining tax bases. To gain some perspective on this crisis watch the Economic Policy Institute event: Race, Ethnicity and the Subprime Mortgage Crisis. Scroll to the bottom of this page for the full-length video, in three parts.