Credit Crunch: The Domino Effect

Updated

Berry James, who dabbles in residential real estate investment in Chicago's Bronzeville neighborhood, says the hefty unemployment rate coupled with the housing crisis has affected the way he conducts business as a landlord and real estate investor. "Everybody is looking at your credit a little bit more seriously now due to the economy." Owner of four properties in the historically black area on Chicago's Near South Side, including his primary residence, he'd like to take

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