Property Economics Essay Example | Topics and Well Written Essays - 500 words

Property Economics - Essay Example The homeowners who planned to sell the properties were unable to sell due to a massive fall in prices that led to â€Å"upside down" mortgage. Notably, the mortgages were greater than the property resulting in reduced incentive for homeowners. The graph below indicates the trends in housing sector prices (Sanders, 2008). The housing sector experienced the bubble leading to the eventual collapse of the subprime mortgage market. The subprime mortgages are provided to homeowners with below-average income (Christopher et al., 2008). With the trend in the housing sector, there was a need to engage in more subprime mortgages. Consequently, this led to mortgage delinquencies and foreclosures that caused the devaluation of the housing-related securities (Sanders, 2008). Therefore, there was the reduction in business investment and household spending. Notably, these experiences were dominant in regions with high household debt and highest housing price decline (Immergluck, 2011). The increase in interest rates resulted in global investors reducing their purchases of the mortgage-backed debt while the securities found it risky to continue with the lending (Sanders, 2008). Subsequently, the mortgage crisis was a major factor that worsened the effects of the Great Recession in America (Christopher et al., 2008) . Immergluck, D. (2011). The Local Wreckage of Global Capital: The Subprime Crisis, Federal Policy and High-Foreclosure Neighborhoods in the US. International Journal of Urban and Regional Research,

The Taboo of Human Sexuality in the African American Christian Dissertation

The Taboo of Human Sexuality in the African American Christian Community - Dissertation Example The assumption that the African American body is derived of purposed majesty is an argument that has been challenged by years of social evolution and individual interpretations of religious scriptures. Making the connection to the physical body and to the body of Christ, in the black community, is a step forward in securing positive regard towards black sexuality; though this connection to theological ideals is often challenged even within the African American culture. So, from where are the assumptions of unifying sexuality and divinity? Outside of the cultural expectations of sexuality lies the affirmation of the physical body as a gift from God, offered in the text of the Christian Bible. In the very beginning of the Bible, God clearly states the purpose of human sexuality. It was his deliberate, considered choice to make us complete with sex organs and equipped for sexual intercourse. However, historical symbolism and deviations from solid Christian philosophy created negative connotations of the African American community as Christian literature separated white from black as a distinction between good and evil. The depiction of the devil as "The Black One"†¦and the typological "blackening" of those believers (as) influenced by evil" set the tone for the cultural view of blacks as a representation of anti-religion. Moral implications of outspoken human sexuality formulate the idea that sexuality is a taboo subject, resultant of misconceptions, scriptural misinterpretations, and the historical determination in the dominant white cultures view that the African American is a lesser entity.