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Housing is shaky. Is your money any safer in the stock market? I ask that question in an article on the home page of the BusinessWeek website today: Can Wall Street Withstand Weak Housing?. Lots of experts seem to think stocks are no refuge if housing continues to weaken. But there are some who think stocks will do just fine. Your opinion?
BusinessWeek editors Chris Palmeri, Prashant Gopal and Peter Coy chronicle the highs and lows of the housing and mortgage markets on their Hot Property blog. In print and online, the Hot Property team first wrote about the potential downside of lenders pushing riskier, "option ARM" mortgages and the rise in mortgage fraud back in 2005—well ahead of many other media outlets. In 2008, Hot Property bloggers finished #1 in a ranking of the world's top 100 "most powerful property people" by the British real estate website Global edge. Hot Property was named among the 25 most influential real estate blogs of 2007 by Inman News.