How Car Dependency Turns Suburban Dreams into Foreclosure Nightmares

from Streetsblog Capitol Hill by Tanya Snyder

According to an analysis by the Center for Neighborhood Technology of 2002 mortgage data, 250 people applied for mortgages every day in Chicago, and only 150 were approved. The top reason for rejecting the other 100? Applicants had too much credit tied up in car ownership.

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<a href="http://dc.streetsblog.org/2011/06/07/how-car-dependency-turns-suburban-dreams-into-foreclosure-nightmares/">http://dc.streetsblog.org/2011/06/07/how-car-dependency-turns-suburban-dreams-into-foreclosure-nightmares/</a>;

by B' Spokes

Like most people I live a hectic life and who has the time for much exercise? Thanks to xtracycle now I do. By using my bike for daily activities I can get things done and get an hour plus work out in 15 minutes extra of my time, not a bad deal and beats taking the extra time going to the gym. In case you are still having trouble being motivated; the National Center of Disease Control says that inactivity is the #2 killer in the United States just behind smoking. ( http://www.cdc.gov/nccdphp/bb_nutrition/ ) Get out there and start living life! I can carry home a full shopping cart of groceries, car pool two kids or just get lost in the great outdoors camping for a week. Well I got go, another outing this weekend.
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Sometimes people buy cars that they can't actually afford. I for one prefer changing my power window regulator from time to time instead of pretending that I need a new car. I will buy another car when the one I have will not work anymore.
Maybe people should think about buying cheaper cars and trying to make car donations more often. That would surely offer a chance for people who are in great need of a helping hand. Hope you understand my point of view.