Record Foreclosures and a Shrinking Population

The New York Times reports on Cleveland's record number of mortgage foreclosures. Suburban cities are spending millions to fight blight and flight from neighborhoods. Although high-interest sub-prime loans are to blame, high utility costs that further strain a family's budget can't help, either.

And, of course, there was the census report earlier this week that Cuyahoga County had the sixth-largest drop in population in the country between July 2005 and July 2006 - behind only the counties hit by Hurricane Katrina and Detroit.

Time to make Cleveland a sustainable city that draws in new residents and young talent from around the country and the world... with homes that are affordable to buy, but also to operate.