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.
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
January 20, 2011
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