What Caused the Real Estate Crisis?
Digging for the roots of the real estate crisis, Alyssa Katz finds an American culture that believed home ownership would repair broken neighborhoods by increase people's investment in them.
Digging for the roots of the real estate crisis, Alyssa Katz finds an American culture that believed home ownership would repair broken neighborhoods by increase people's investment in them. "Access to fair credit for everyone was presented to minority residents in particular as the solution to everything from poverty to crime. The problem, Katz says, lay in the rapid deregulation of mortgage loans to give urban poor that access. 'This isn’t just the story about a terrible, misguided campaign,' she points out. 'One of the great tragedies here was that the misguided efforts that were driven by politics and greed and naiveté had grown out of a Civil Rights Movement push to promote access to home ownership.'"
Giving our solar system a "slap in the face"
- A stream of galactic debris is hurtling at us, pulling dark matter along with it
- It's traveling so quickly it's been described as a hurricane of dark matter
- Scientists are excited to set their particle detectors at the onslffaught
Two massive clouds of dust in orbit around the Earth have been discussed for years and finally proven to exist.
- Hungarian astronomers have proven the existence of two "pseudo-satellites" in orbit around the earth.
- These dust clouds were first discovered in the sixties, but are so difficult to spot that scientists have debated their existence since then.
- The findings may be used to decide where to put satellites in the future and will have to be considered when interplanetary space missions are undertaken.
Once again, our circadian rhythm points the way.
- Seven individuals were locked inside a windowless, internetless room for 37 days.
- While at rest, they burned 130 more calories at 5 p.m. than at 5 a.m.
- Morning time again shown not to be the best time to eat.
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.