How the Housing Bust Is Boosting Newspapers
Submitted by CARPE DIEM
As the newspaper industry—and print media in general—struggle to survive in the age of digital news, the business has found an unlikely ally: the nation’s gravest housing crisis in recent memory.
While newspaper executives have for years complained that online resources—like Craigslist—are cutting deep into their classified advertisement revenue, the foreclosure crisis has created a much-needed revenue stream for at least one struggling newspaper.
Find out more here and here about how “foreclosure notices are filling in where condo sales and auto deals once held sway.”
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