Housing Hangover - Lasting Effects of the Housing Market Crash
Track: Real Estate
Authors: Tony Lindauer, Jay Mickle
The housing market crash of 2008 resulted in plummeting home values and record-high numbers of foreclosure filings. 5 years later, as the country climbs out of recession, much news is being made of the housing recovery. However, many established urban neighborhoods are being left behind in this recovery. This presentation focuses on the lasting effect of the housing crash on older neighborhoods in Louisville, Kentucky.