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Money Magazine Essay Topics & Paper Examples

Money Magazine

It seems that Baton Rouge, Louisiana is surviving the current real estate crisis better than most cities. According to a Money Magazine article, “10 Fastest Growing Real Estate Markets” dated May 13, 2008, Baton Rouge was rated number nine. As of the date of the article, Baton Rouge showed a positive one year price change of 5. 7%; and a positive five year price change of 38%; even though the foreclosure rate had increased by 14% in the same time period. (Money, 2008). Some of the price stability in the real estate market there may be attributable to proactive legislation. If we count mortgage fraud as one of the key factors in the current economic crisis, then we can congratulate…