Tuesday, July 15th, 2008
The housing crisis we keep hearing about is being reported almost entirely from the vantage point of speculators and sellers. But if you are a young couple starting out in life, seeking to buy your first apartment or home, why is it a crisis if the housing market is in a recession, prices dive and you can suddenly afford to buy?
Rachel Rosenfeld opened up a school in Cambodia. Danny Schwartz donated kitchens to six Ethiopian families in Israel. And Becky Weinberg organized “Becky’s Closet,” donating princess-like dresses to needy bat mitzvah girls in Canarsie, Brooklyn.
The common denominator? All three are New York Jews under the age of 18.