Move on in!

Topics: Economic Development
Countries: United States
Moving day. Photo: <a href="http://flickr.com/photos/rooreynolds/286201368/">Roo Reynolds (flickr)</a>
Moving day. Photo: Roo Reynolds (flickr)

USA Today reports that more families are moving in together as they try and tough out the housing crisis.

The weak economy — which has brought surging foreclosures, sinking property values, vanishing home equity and mounting job losses — is playing a major role in family dynamics, pulling relatives under the same roof to pool their resources and aid relatives who've lost their homes.

Comments

in Portland, OR

A Helping Hand

The financial crisis is touching everyone's lives, we are all entering tough times. As much as the crisis seems large and overwhelming I think we all have stories of how it has affected our own lives and those of family members, coworkers, and friends. As important as it is for us to weather the storm ourselves, a number of articles have been coming out recently that emphasize the importance of looking out for one another.

The New York Times has published an article entitled "Helping Out With Cash: A Delicate Art" meant as a guide to respectfully offering financial support to friends and family. Those fortunate enough to be in a position to give, are often stopped by uncertainty in what is appropriate and how to offer. Tips and personal stories about whether to give a loan or a grant, give anonymously, or give without asking first, are all included. Numerous comments on the post also provide further insight from both those that have given and received financial support.

But helping a friend is not limited to cash, Reuters reported that the US government is creating a website to help people deal with the emotional and psychological stress that comes with financial worry. The site, entitled "Getting Through Tough Economic Times" provides links and suggestions on dealing with these issues and getting help for you or someone you care about.

in Bucharest, Romania

Financial crisis strucks all over the earth!

If you don't know, this aspect is a problem for all of us, and i really think that we should find smart ways to defeat this crisis. Not by commiting suicide, by selling our kidneys or outrageous things like these.
Let's think about not going out so often traveling abroad just fo fun, not buying food from restaurants and not buying so many things we really don't need.
Come on people ! We can do it ! No more crying, because if you want to, you can step out of this situation,all you have to do is to remain calm and think that perseveration will be rewarded inn the end :)

Post new comment

Your email address is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <img> <blockquote>
  • Lines and paragraphs break automatically.

More information about formatting options


Stories We're Watching

For India’s Newly Rich Farmers, Limos Won’t Do

International Herald Tribune - Thu, 03/18/2010 - 21:19
Land acquisition for expanding cities and industry has created pockets of instant wealth, creating a new economic caste in India: nouveau riche farmers.

Africa Could Join High-Speed Science Network

All Africa - Thu, 03/18/2010 - 12:45
African science ministers are hoping to extend a high-speed fiber optic network — currently linking Egypt to the northern hemisphere — to other countries in Africa.

Vision for Africa

Daily Nation - Thu, 03/18/2010 - 12:30
Africa’s economic future and the challenge of uniting people and nations drew eminent politicians and scholars into a historic public debate in Nairobi on Thursday.

'Quiet Corruption' Hurting Africa's Poor

San Francisco Chronicle - Mon, 03/15/2010 - 09:22
A World Bank report says teachers and other public servants who don't show up for work are fueling "quiet corruption" throughout Africa that is disproportionately hurting the continent's poor.

Industrial Output Up; Hopes For Factories Grow

NPR - Mon, 03/15/2010 - 08:45
Industrial production edged up 0.1 percent in February, beating expectations and marking the eighth straight monthly increase.

Recent comments

  • "Esther, Wow! Thank you for commenting. One of the best things (among many) about applying these controlled random..."
    by Jill Scantlan
    on A 'Rising Star' in Economics
  • "Thanks for this article. One small correction though. What the post refers to as "my best known work" (the work on..."
    by Esther Duflo
    on A 'Rising Star' in Economics
  • "This is so sad, and at the same time so true. We talk so much about terrrorism on news that we forget about poverty and..."
  • "Microfinance is amazing. Allowing millions to send their children to university in order to "break the chain" and give..."
  • "UPDATE: Following an investigative report on BBC NewsNight, British Parliament has now passed a bill that will..."

Countries

An initiative of Mercy Corps
“You must be the change
you wish to see in the world”
Mahatma Gandhi
Learn more about Mercy Corps >

Efficiency

Over the last five years, more than 89% of Mercy Corps' resources have been allocated directly to programs

Excellence

America's premier charity evaluator gives Mercy Corps four stars in organizational efficiency. Click here to learn more.

High Value

Every dollar you donate to Mercy Corps helps us secure $11.16 in donated food and other critical supplies.

Mercy Corps — Dept. W — 45 SW Ankeny — Portland, OR 97204
All original content Copyright © 2009 Mercy Corps. Quoted and linked content is property of the creator(s). Mercy Corps will not sell, rent or trade your personal information.