Learn more about moneyandinvestments with this collection
The importance of innovation
The power of perseverance
How to think big and take risks
Reconsidering the suburban house
The climate crisis and carbon dependency make potential homeowners reconsider the effects of suburban sprawl.
The September 11, 2001, terrorist attack and the market crash of 2008 sowed a sense of instability and propagated fears.
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The two tales about houses
The one story we tell ourselves about homeownership is it is a path to a more stable, equitable future. The idea is that it is a responsible decision that requires commitment and hope. It is centered around bright futures, long lives, children, grandchildren, and hard-earned success.
The se...
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559 reads
Owning a suburban home
The idea of owning a suburban home was fed to Americans by people in power: Suburbia has always been suitable for industry.
Big houses = big appliances. This fed the coal, steel, and automaking industries. With it came cars and oil that made the postwar American suburb possible. It is all a...
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412 reads
A house no longer a home
There is a widespread shift in how people view their first real estate purchase. They buy because it makes sense and because they don’t want to be “mortgage poor.”
It is no longer seen as a home, but merely as a place for comfortable living without paying rent. It is a way of accumulating ...
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457 reads
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Financial crisis examples
- The Stock Crash of 1929. On Oct. 24, 1929, share prices collapsed after a period of wild speculation and borrowing to buy shares. It led to the Great Depression, which was felt worldwide. One trigger of the crash was a drastic oversupply of commodity crops, which led to a ...
What led to the Great Depression
While the USA proved to be by far superior to Europe both financially and industrially, after having got its independence, it did know a huge economic crisis in 1929, through the crash of the Wall Street stock market.
Everything started on the 18th of October, when prices fell sharply, res...
The real origin of Black Friday
- Before retail repackaged Black Friday, it had a more sinister meaning. The earliest use of the phrase Black Friday dates to 1869. It was the day gold prices plummeted and caused a market crash. The economic effects lasted for years.
- Traffic police coined the phrase...
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