Kirk Crippens: The Great Recession
Foreclosure, USA, and The Dealership Wreck
The Dealership Wreck continues Kirk Crippen’s work on The Great Recession that began with his 2009 series Foreclosure, USA.
“…In the first quarter of 2009, one in every twenty-seven housing units in the (Stockton, CA) area received a foreclosure notice, against a national rate of about one in one hundred and fifty-nine.
I began to notice empty dealerships everywhere I traveled. I researched the phenomenon and discovered that since 2009, over 2,300 auto dealerships in America shut down…the closings, which happened largely as a result of the US government’s auto industry bailout and restructuring, put 70 million square feet of commercial real estate on the market.” – Kirk Crippen