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John F. Wasik

Books by John F. Wasik

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Crisis In The Housing Market

Will The Housing Bust Create New Rust Belts?

Places in California, including Stockton, are pocked with abandoned homes, like this one in 2008.

January 12, 2011 The South and West may become the Rust Belts of the 21st century, according to a new study from the Mortgage Bankers Association. It says the economies in these regions — in places like California and Florida — may never fully recover from the burst of the housing bubble.

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