The bursting of the housing bubble has caused one of the largest losses of wealth for families, particularly for families of color, in the history of our country and spurred the worst economic downturn since the Great Depression. The unemployment rate is higher than at any point since the early 1980s and is still on the rise. But in this economic disaster zone, opportunity has emerged for a new generation of homebuyers. The federal government has recently taken measures to "stimulate" the economy, using rebates and tax credits to encourage "big ticket" purchases, first in the auto industry, and now in the housing market. What is the effect of these factors on young people entering the housing market? What are the impacts on the economically disadvantaged.
Thursday, October 15, 2009
3:30 pm - 5:00 pm
The Executive Room
The Omni Shoreham Hotel
Washington, DC
Registration is FREE
This workshop is a participant-generated session at A Better Deal 2009, a two-day conference hosted by Demos. See full conference details at www.abetterdealconference.org.