The recession that our country continues to find ourselves involved in, as well as subdued in, continues to help me learn more about business along with many other aspects within our government. I was once more intrigued by an article that was discussing our recession; specifically how rents in major cities have dropped so much this last quarter of the 2008 year.
The article entitled Rents drop nationwide as vacancies spike , found on Msn.com, opens up giving facts about how tenants are now given these new opportunities with the economy the way it is due to the fact that rents are dropping so quickly in certain areas. This opening topic alone left me wondering how this happened, what caused this to happen and what was going to fix this new problem; if indeed it is now a problem.
This whole situation with renters and leases seems to be a huge topic as the economy continues to decline. The reason for this is so many jobs have been cut, as the article states 2.6 million jobs were lost by Americans in 2008. With these job cuts comes negotiating with landlords and leasers also putting the tenants in a hard position because they are then pron to a money deficit.
It's sad/hard to acknowledge these chain of events that continue to shake our economy. We live in a world based on money and it continues to blow my mind when I think about how every small change within the economy has some kind of chain effect tolling on the nation as well as Americans. This article helped to once more open my eyes and force me to realize the problems we are facing here at home.
Lastly, not only did the facts within the article catch my eyes, but it helped me to see as well as understand what a "lede" is and how it works. As I continue to read more articles I begin to understand more about the structure that takes place within the articles as well as what is necessary to go into them in order to make them successful and good.
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