Foreclosures now 'normal' at 10-year low

December 10, 2015

Economist James Hughes, dean of the Edward J. Bloustein School of Planning and Public Policy at Rutgers University, explained that New Jersey’s economy has struggled from a number of causes since the recession. “New Jersey got hit hard by the contraction in the financial sector — especially along the Hudson River Gold Coast,” said Hughes. “In terms of employment, that sector has been dead in the water.”

Marketplace.org, December 10

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