GM over the next eighteen months will be closing fourteen plants and three warehouses which leaves over twenty thousand employers will be laid off. Because of this situation the housing recovery that was taking place is now threatened because if no one is working that will increase the amount of available home which will lead to many foreclosures. With all the foreclosures it will really hurt that community.
i chose his article because the title seemed interesting. i would use this site agin because it was very detailed and gave many examples and comparisons.
http://money.cnn.com/2009/06/02/real_estate/plant_closing_hurt_home_sales/index.htm?postversion=2009060214
Superficial, late. Grade: 4
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