real estate: Wall Street crisis hits Main St. - 09/28/08 12:30 PM
 
How many former Lehman Brothers bankers or AIG executives are likely to be buying a Park Avenue apartment or a home in Darien, Conn., this year?
Most likely answer: not many at all.
The crisis on Wall Street is hitting the rest of America Hard.
As anyone who works on Wall Street, invests in the stock market, or just reads the newspapers knows, the past few weeks for the financials sector have been as ugly as Frankenstein's sister. People have seen their net worth eviscerated, if not obliterated completely.

But Wall Street's woes are going to have a direct … (0 comments)

real estate: 10 towns hit hardest by crisis - 09/28/08 12:27 PM
yahoo finance, and business week compiled a list about the 10 towns that will be hit hardest by the financial and real estate crisis

10 Towns That Will Be Hit Hardest
1. Darien, Conn.Share population in finance and real estate: 27.23%Nearest large city: New YorkPopulation: 20,666Median salary: $168,687
2. Bloomington, Ill.Share population in finance and real estate: 26.31%Nearest large city: ChicagoPopulation: 70,395Median salary: $54,971
3. Hoboken, N.J.Share population in finance and real estate: 23.33%Nearest large city: New YorkPopulation: 40,002Median salary: $81,356
4. West Des Moines, IowaShare population in finance and real estate: 22.15%Nearest large city: Des MoinesPopulation: 54,627Median salary: $61,303
… (4 comments)

 

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