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Entries from Bostonist tagged with 'housingcrisis'

October 12, 2008

MIT economist Jiang Wang worries about the government's bailout of bad investments, pointing to the success of past private bailouts and suggesting this matter could have been resolved privately as well. Jiang also wonders if the bailout will falsely improve stock prices, hurting investors' ability to make money off the market's downturn. His final concern is about the distorted effects that the bailout may have on the housing market, distorting home prices even as it......

Continue Reading "MIT Economist Worries About Bailout"

June 30, 2008

Image by Vox Efx on Flickr Two important rates have doubled lately: home foreclosures and STDs. We've all been inundated with information about the housing crisis, but we didn't realize there was a herpes crisis as well. Are people having reckless sex to console themselves about their home foreclosures? Probably not; the research for the STD study found rates doubled in 2003, before our metaphorical mortgage walls began to come crashing down. Genital warts......

Continue Reading "A Dastardly Doubling... of Pleasure?"

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