two weeks in the West

Thompson, Jonathan
April 2007
High Country News;4/30/2007, Vol. 39 Issue 8, p3
The article reports on the economic condition in the western states of the U.S. The development of exotic loans have resulted to the decline in the housing market, which led the real estate agents to find some other jobs. In California, drug dealers took out easy mortgages to buy upscale suburban homes, which were converted into marijuana plantations. On the other hand, the price for a pound of copper rise from about 65 cents in year 2000, to over $3 in 2007, due to the increasing economy in China.


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