Friday, September 28, 2012

Caucus 10.2.12: The Underwater Generation - To Walk Or Not?

"Nearly half, or 48%, of all mortgage borrowers under age 40 are underwater." What is the impact and implications of this reality for the "underwater generation"?

At our next Caucus (as always the first Tuesday of the month), 10.2.12 @ The Jade Garden from 7:30 to 9:00pm, we will look to discuss the many questions and challenges that this current real estate debacle has produced. 

A few articles to wet the pallet for our round table, which can also be found at caucuspost.org:

The stark numbers, here.

To walk or not? An examination of the "moral norms" influencing underwater homeowners reasoning in what is at its core an a moral capitalist endeavor, here

Seattle Weekly's Tales from the Housing Bust

The Stranger's But there is a catch

Role for government to intervene? Eminent domain

Should be a good one. Looking forward to it.

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