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Strange News
5:50 am
Thu July 24, 2014

Sarah Palin Gets A Speeding Ticket, Says She 'Can't Drive 55'

Originally published on Thu July 24, 2014 6:39 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Strange News
5:50 am
Thu July 24, 2014

Judge To Bulldog Thief: 'You Hid The Pup; The Jig Was Up'

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

NPR Story
5:13 am
Thu July 24, 2014

As Millions Of People Fast For Ramadan, Does The Economy Suffer?

Originally published on Thu July 24, 2014 6:39 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

NPR Story
5:13 am
Thu July 24, 2014

What Would Demilitarizing Gaza Entail?

Originally published on Thu July 24, 2014 6:39 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Economy
5:13 am
Thu July 24, 2014

How High Debt From The Housing Collapse Still Stifles Our Economy

An artist's installation shows pre-foreclosed homes in Newark, N.J., in July 2009 at the Queens Museum of Art in New York City.
Mario Tama Getty Images

Originally published on Thu July 24, 2014 6:39 am

"Foreclosure, foreclosure, foreclosure."

Real estate broker John Susani drives down a Paterson, N.J., street where every third house seems to be abandoned or boarded up. During the boom years money flooded into Paterson.

"The banking industry allowed everyone to be a homeowner; they gave mortgages to people [just because they were] breathing," Susani says.

In some cases, he says, home prices jumped as much as 50 percent. The homes on these streets aren't worth nearly that much anymore.

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