Tag: shortage

The Rent Bubble: Coming to a Neighborhood Near You

On By The Social CriticIn Economics & GlobalizationLeave a comment

Among the lesser-reported impacts of the Great Recession, during which time millions of Americans lost their homes to foreclosure, is the continuing surge in rental housing demand. Demand has inflated rental rates in already costly markets throughout the country. But rental price inflation is not just a problem hitting high cost of living regions in …

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Storm clouds gather over an abandoned Brooklyn shipyard representing American deindustrialization.

Going Broke: Veterans of a Post-American Economy

On By The Social CriticIn Economics & Globalization, Politics & Public Policy1 Comment

What do an aircraft engine falling to pieces in mid air and a cruise ship crankcase splitting open and erupting into flames have in common? More evidence of globalization gone bad.