As questions persist, stills, video offer window into US housing crisis
The US housing crisis continues, with The New York Times reporting today that eight more firms are being cited by the Federal Reserve for practices inolving sloppy, inaccurate or forged documents.
As more questions are raised about housing in the US (does anyone know if we’ve hit bottom yet?), several of our photographers are telling this story through imagery — from New York to Nevada.
And Ohio. Take, for example, Reportage by Getty Images photographer Benjamin Lowy’s recent work shooting stills and video for Fortune. The piece, “Ohio’s Long Road to Recovery,” can be seen below.
Thankfully, it’s not all bleak. As Fortune’s David Whitford reports in the segment, “There are good people working in these places now to do everything they can to try to restore these neighborhoods.”
Still imagery in slider includes:
Image 1: Caitlin Barbiere, 2 1/2, plays in the driveway as her family’s possessions sit piled in the front yard during a home foreclosure eviction on October 5, 2011 in Milliken, Colorado. Her mother, Brandie Barbiere (L), said she had stopped making mortgage payments 11 months before, after she lost more than half her home child care business due to the continued weak economy. The Barbiere family possessions were removed to the front yard by an eviction team and the door locks changed. A nationwide glut of foreclosed homes is expected to depress U.S. housing values for years. (Photo by John Moore/Getty Images)
Image 2: A general view of houses at the abandoned Desert Mesa subdivision August 29, 2010 in North Las Vegas, Nevada. The North Las Vegas Housing Authority stared the project in 2004, but the entire subdivision, which includes about a dozen finished houses that were never lived in, has since fallen into foreclosure and is now owned by the FDIC. The city plans to demolish the boarded up and vandalized homes if the FDIC does not ensure they come into compliance. Nevada continues to lead the nation in foreclosures, unemployment and bankruptcies. (Photo by Ethan Miller/Getty Images)
Image 3: A foreclosed home stands boarded up on February 9, 2012 in Islip, New York. A New York State Department of Financial Services Foreclosure Relief Unit van visited Islip to provide individuals who are facing foreclosure with counselors who can assess where homeowners are in the pre-foreclosure or foreclosure process. The mobile unit, which is eequipped with computers and communications, looks to slow the number of foreclosures in the state and to provide information about loan modifications available to homeowners under federal law. Islip, which is located in Suffolk County, has the highest foreclosure rate in New York State. (Photo by Spencer Platt/Getty Images)