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Back to To the Point

To the Point

Whose Housing Recovery Is It?

The housing market is finally in "recovery." But it's still hard to buy a new home, and Wall Street is converting foreclosed homes to rentals.

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By Warren Olney • May 20, 2014 • 1h 0m Listen

Six years after the Great Recession, the housing market is finally in "recovery." But it's still hard to buy a new home. Wall Street has snapped up foreclosed houses at rock-bottom prices and converted them into rentals. We hear about that and other reasons why "recovery" is not what it used to be. Also, Libya braces for civil war, and new evidence that dogs can think, talk and play by the rules.

Banner image: Zachary Korb

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Warren Olney

    former KCRW broadcaster

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Caitlin Shamberg

    KCRW

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Jenny Hamel

    KCRW

  • KCRW placeholder

    Katie Cooper

    Producer, 'One year Later'

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    Borzou Daragahi

    BuzzFeed News

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