Inside Out: Mortgage Crises, Crime, and California

Writing for The New York Times, Timothy Egan takes a look at some of the empty cities that were abandoned after the housing crash, and why they will be the slums of tomorrow.

1 minute read

February 14, 2010, 7:00 AM PST

By Nate Berg


"Now median home prices have fallen from $500,000 to $150,000 - among the most precipitous drops in the nation - and still the houses sit empty, spooky and see-through, waiting on demography and psychology to catch up."

"Nationwide, a record 2.8 million homes received foreclosure notices last year - up 119 percent from two years ago. Just under 5 million homeowners - 1 in 10 mortgages - owe more than their houses are worth. The impulse is to walk away. Surrender. And many have."

Empty now, these developments will likely play home to the nation's rising population of immigrants and low-income Americans.

Thanks to Franny Ritchie

Wednesday, February 10, 2010 in NYTimes: Opinionator Blog

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Get top-rated, practical training

Wastewater pouring out from a pipe.

Alabama: Trump Terminates Settlements for Black Communities Harmed By Raw Sewage

Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”

April 13, 2025 - Inside Climate News

Logo for Planetizen Federal Action Tracker with black and white image of U.S. Capitol with water ripple overlay.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

April 16, 2025 - Diana Ionescu

Black and white photos of camp made up of small 'earthquake shacks' in Dolores Park in 1906 after the San Francisco earthquake.

The 120 Year Old Tiny Home Villages That Sheltered San Francisco’s Earthquake Refugees

More than a century ago, San Francisco mobilized to house thousands of residents displaced by the 1906 earthquake. Could their strategy offer a model for the present?

April 15, 2025 - Charles F. Bloszies

Ken Jennings stands in front of Snohomish County Community Transit bus.

Ken Jennings Launches Transit Web Series

The Jeopardy champ wants you to ride public transit.

5 hours ago - Streetsblog USA

Close-up on BLM sign on Continental Divide Trail in Rawlins, Wyoming.

BLM To Rescind Public Lands Rule

The change will downgrade conservation, once again putting federal land at risk for mining and other extractive uses.

7 hours ago - Public Domain

Calvary Street bridge over freeway in Indianapolis, Indiana.

Indy Neighborhood Group Builds Temporary Multi-Use Path

Community members, aided in part by funding from the city, repurposed a vehicle lane to create a protected bike and pedestrian path for the summer season.

April 20 - Smart Cities Dive