by @BarryRafkind in Economy & Poverty
Posted on January 26, 2009 at 10:17 am
Last Modified on January 26, 2009 at 2:31 pm
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Do you see the effects of the economic down-turn here in Somerville? Have you seen for-sale and foreclosure signs in your neighborhood? Have you or your neighbors lost jobs? Do you see businesses closing or reducing hours? Have you noticed higher prices at the supermarket and in your energy bills? How are you affected?
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I’m seeing more crime in the area between Porter and Davis: home break-ins, fights, shootings, all of which are a result of the economic downturn. I am afraid, however, that things are going to get worse before they get better.
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We’re holding our breath hoping that home/car repairs don’t become necessary before there is some recovery in the markets. The kid’s college funds just halved because of the downturn. I’m feeling concerned about whether the house is burgle-proof because I know there must be folks in desperate circumstances contemplating desperate things.
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