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.
By Warren Olney • • 1h 0m ListenSix 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
In this episode
4 storiesLibya Bracing for Civil War
Libya has seen increasing violence since the long-time strongman Moammar Gadhafi was killed three years ago. This weekend, some 72 people were killed, and the nation appears to be on the brink of a major conflict. Saudi Arabia and Turkey has closed embassies and evacuated personnel. The US is reportedly watching the situation "minute by minute."
Read the story8 minWho's Being Left Out of the 'Housing Recovery?'
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.
Read the story35 minWho’s Being Left Out of the “Housing Recovery?”
The home foreclosure crisis staggered the US economy and led to the Great Recession six years ago. Now — finally -- new housing is under construction. But it's not single-family homes that are going up, but mostly apartment buildings. And Wall Street is going into the rental business.
Read the story35 minCanine Communication and the Hidden Language of Dogs at Play
In the mid-1800's, Charles Darwin postulated that dogs could think and even communicate with each other, guided by certain rules of morality. Other scientists scoffed at the idea until a recent, serious study of dogs at play.
Read the story8 min
