bust042008.box
On the homepage
Crimefighting
Out There
Mental health
Health care
Home | Business | Wright County: From Boom to Bust (April 20, 2008)
From boom to bust: About this series
Print this story
E-mail this story
Save to del.icio.us
Share on Facebook
Share on Digg
Minnesota business by the numbers
See Minnesota's top earning companies, CEOs and non-profits
More from Business
About this series: Just two years ago, Wright County epitomized the American dream of home ownership. Young families went there in droves, attracted by the cheap land, good schools and bucolic neighborhoods. But today, that dream is unraveling, as foreclosures rip through Wright County neighborhoods at a rate of 23 a week. What happened?
TODAY: Plummeting home values means some families are trapped, unable to refinance, sell or make ends meet.
MONDAY: Speculators helped drive the boom in Wright County -- and the bust.
TUESDAY: Towns welcomed the development with new schools and wider roads. Now they're paying the price.
Recent Business stories
West Virginia regulators approve 5 percent rate increase for Hope Gas - April 21, 2008
West Virginia regulators approve 5 percent rate increase for Hope Gas - West Virginia's Public Service Commission has approved a 5 percent rate increase for Hope Gas Inc. More
Blog: Patent Pending
Lights out at U energy conference. Irony police notified.
Just as Lawrence Kazmerski, a top official at the National Renewable Energy Laboratory, was about to give the keynote address at the University of Minnesota's annual E3 conference at the RiverCentre in St. Paul, the lights went out, bathing the audience in darkness and a deep sense of irony.
Comment on this story | Read all 5 comments | Hide reader comments