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Real Estate Downturn Produces Condo Glut

Street-corner advertiser Scott Webb has been pointing buyers in San Diego, Calif., towards condominiums for two years. Sign-twirling earns him $14.20 an hour.
Scott Horsley, NPR /
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Street-corner advertiser Scott Webb has been pointing buyers in San Diego, Calif., towards condominiums for two years. Sign-twirling earns him $14.20 an hour.

Copyright 2006 NPR

Scott Horsley
Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.