Bubble Wrap
Entry
Loan crisis hurts Brooklyn renters, too
The NY Daily News writes about a recent study detailing that renters are feeling the effects of the credit crisis and increasing foreclosure rates in New York.
Brooklyn had the most renters affected by the mortgage crisis in the city last year, a New York University Furman Center for Real Estate and Urban Policy study found.
More than 7,000 residents lost their apartments in foreclosed Brooklyn homes last year, compared with 3,723 in Queens, 2,483 in the Bronx, 1,111 in Manhattan and 488 on Staten Island.
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posted about 19 months ago
