UNITED STATES: Sub-prime crash has major social impact
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In this article
- Homeownership and ethnicity
- More minority owners
- Middle-class ladder
- Impending disaster
- Ripe for abuse
- Sub-prime borrower profile
- Consequences of collapse
- Institutionalised distrust
- Increased social cleavages
- Community disintegration
- Outlook
- Social crisis?
- Education funding problems
- Affordable housing
- Burden on cities
What is this?
This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.