SocraticGadfly: California and its seven ugly housing sisters

January 20, 2011

California and its seven ugly housing sisters

No, Texas didn't make this list. But, there's eight states in all, a mix of red, blue and purple politically, that may struggle most to come out of the recession because of housing-related issues.

Because the list includes two of the four largest states, two others in the top 10 and two others in the top 20, this is part of why the recovery is going to be soooo slow.

And, it's another reason to damn to hell Alan Greenspan of 2005 housing bubble knowledge.

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