In the years after the Great Recession, Stockton, California, became the poster child of financial ruin. The mid-sized city was crushed by the housing collapse, and made national headlines for the resulting high foreclosure rates, drastic municipal cuts, record violent crime, and finally, bankruptcy. For these reasons and others, it has featured at the very top of Forbes’ annual list of “America’s Most MiserableCities” more than once.
[For more of this story, written by Tanvi Misra, go to https://www.citylab.com/equity...eff-sessions/536481/]
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