Host Tess Vigeland explores the bureaucracy, decision-making, and financial hardships of homeowners rebuilding in the Crescent City. While some are determined to build at higher elevations, others are taking their chances at ground level.
Shares in Fannie Mae and Freddie Mac suffered yet another meltdown this week, and the government might step in to bail them out. If that happens, shareholders risk losing all their money. Even so, some of them are staying put. Rico Gagliano reports.
About 70% of New Orleans' pre-Hurricane Katrina population is back. Many have moved to higher ground, leaving one-third of residential addresses empty. Tess Vigeland talks with Tina Marquardt of the nonprofit Beacon of Hope about what's keeping people away.
Marketplace Money host Tess Vigeland took a trip to New Orleans recently to see how it's recovering from the devastation of Hurricane Katrina three years ago. She tells Kai Ryssdal about how much reconstruction is yet to be done.