Fun with Numbers!

Installation, cardboard, tape, house paint, wallpaper, fabric, glitter, magazines, t-shirts, JP Morgan Chase, hours of c-span, condo construction mania, subprime lending, and the future crisis that would inevitably follow.
9'x30'

2008

PROJECT DESCRIPTION

see: Economic Collapse

FORECLOSURE DATA (APRIL 2008)

17,568: Total number of homes in foreclosure (South Florida)
6,000,000: Total number of people with no money who have borrowed 100% of the value of a property at market peak (USA)
1,000,000,000,000: Total $ amount in adjustable rate mortgages that will be set to higher rates within the next 18 months (USA).

FORECLOSURE DATA (FEB 2012)

As of February 2012, Miami-Dade County ranks #1 in the country as "ground zero for foreclosures", with 47% of mortgages underwater and 364,000 properties entering the foreclosure process since 2008.