Aired: March 5, 2011

The Foreclosure Contagion

How badly do foreclosed homes affect a neighborhood?  Does foreclosure spread like a virus? Michael Seiler (Old Dominion University) and researchers at the Modeling, Analysis and Simulation Center have created a “Foreclosure Contagion Model,” which uses economic forecasting, modeling and simulation to help policymakers revive distressed real estate markets.  Also featured: The oceans are slowly rising due to ice melt and the warming of the waters.  And at least one east coast city has hired a Dutch firm to evaluate options for keeping the sea at bay.  Oceanography professor Larry Atkinson (Old Dominion University) and a team of experts are examining ways vulnerable businesses and communities can stem the tides.

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