Cul-de-Sac of Lost Dreams

Big front page NYT article on Beth Court, Moreno California, titled A Cul-de-Sac of Lost Dreams.

Its a piece in the making since January, with lots of those small human elements that personalizes the housing boom and bust. (EG: “a new homeowner lugged two large shopping bags from Home Depot across his front yard, where his young daughter danced a mad jig in her pajamas.”)

The caption to a picture of the block “Loss and Opportunity, side by side” sums up the tone pretty well, as does this excerpt:

“The continuing economic fallout has brought a reckoning for those who believed that home equity would always rise, financing lives beyond their means, while also creating unexpected opportunities for people previously on the sidelines of homeownership.”

Pour a cup of joe, and begin your Sunday morn with this huge piece.


So Cal Turnover
courtesy of NYT


A Cul-de-Sac of Lost Dreams, and New Ones
NYT, August 22, 2009

Print Friendly, PDF & Email

What's been said:

Discussions found on the web:

Posted Under