Britain has had to make some difficult cuts to their budget, and one of them is to cut the government housing benefit. The cut may have the consequence of changing where the rich and poor live.
The foreclosure crisis has created a huge mess for mortgage lenders and the government. But even more frustrated are the homeowners caught in the middle. Stacey Vanek Smith follows the tale of one family in the fight to keep their home.
Some home prices in Shanghai and Beijing are on-par with lofts in Manhattan. We've already seen what a U.S. housing bubble does to the global economy. But what about a Chinese bubble? Rob Schmitz explains.
In 2009, there was a run to buy foreclosed homes. Why? Because their cost was substantially less than other homes. But their price is down even further now that demand has slowed. Gregory Warner reports.
Insurance companies are taking into account the potential for rising water levels and more aggressive hurricanes when considering rates. Marketplace's Scott Tong reports.
Over in London, the new era of austerity is already taking hold. The British government is making deep cuts to the budget, including a big reduction to what the country forks out on social housing. Christopher Werth has more.
