Wednesday/ Cleveland’s housing bust

The New York Times reports that just a few miles from the Cleveland downtown, recently getting a $50 million make-over, hundreds of dilapidated homes are getting torn down. The long shadow of the predatory lending of in the run-up to the 2008 global financial crisis resulted in blighted neighborhoods.   The number of residents in the Cleveland metro area is down from 1 million to about 400,000.  Check out all the red dots I got from real estate site

7-20-2016 10-55-25 PM

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