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The Foreclosure Crisis: From Bad to Really, Really Bad

The Sound of Ideas
Wednesday, May 21, 2008 at 9:00 am
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The foreclosure crisis is sort of like a horror film for economic development types: just when you think you know how bad it is, it gets worse. As Cuyahoga County Treasurer Jim Rokakis says, "You're talking about dealing with a problem that really nobody has had to deal with before. You're talking about thousands of properties being dumped into a market." This week, ideastream®'s Mhari Saito is filing daily reports on previously untold angles of the sub-prime mess. She joins us along with others to talk about the latest fall-out: lowering property values plans to cut city services, and an underground economy trading in blighted properties. Join the conversation, Wednesday morning at 9 on 90.3.

Guests

Mhari Saito, reporter, ideastream®
Judge Raymond Pianka, Cuyahoga County Housing Court
Anthony Brancatelli, Councilman, Ward 12, City of Cleveland
Claudia Coulton, Co-director, Center on Urban Poverty & Community Development, Case Western Reserve University

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