12 May 2012
03 May 2012
Edgar Martin - This is Not a House
After the collapse of the American sub-prime mortgage market, countless housing developments and projects across the States led to the almost overnight stoppage of construction on many sites across the country.
The collapse of Lehmans Brothers (the forth biggest investment bank in the USA) in the late 2000's led to what has become known as the global finanacial crisis (or the credit crunch in the UK).
Martins images show the fall out of this crisis and what effect it has had on the U.S. housing market.
The collapse of Lehmans Brothers (the forth biggest investment bank in the USA) in the late 2000's led to what has become known as the global finanacial crisis (or the credit crunch in the UK).
Martins images show the fall out of this crisis and what effect it has had on the U.S. housing market.
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