oblivion

The mortgage crisis has put "for sale" signs in front of houses across the country — including so-called McMansions — the large, expensive, often tasteless homes that have taken up so much suburban space over the last couple of decades.

THE mortgage crisis has put “for sale” signs in front of houses across the country — including so-called McMansions — the large, expensive, often tasteless homes that have taken up so much suburban space over the last couple of decades.

THE mortgage crisis has put “for sale” signs in front of houses across the country — including so-called McMansions — the large, expensive, often tasteless homes that have taken up so much suburban space over the last couple of decades.

A very scary but quite logical take where the US housing market fall may lead us: the false wealth generated by the property sector has come to symbolise the vulnerability of our economy, and this analysis provides a step by step scenario as to how something much worse than a rec …