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full closure

Portuguese translation: execução de hipoteca


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English term or phrase:full closure
Portuguese translation:execução de hipoteca
Entered by: Mamifera
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15:28 Feb 18, 2009
English to Portuguese translations [PRO]
Other / entrevista para jornal
English term or phrase: full closure
The result is that the impact of the crisis, if you look at the pattern of full closures, there are something like 3 million people lost their houses last year in the United States. Probably before this is all thru, somewhere between 6 and 10 million people will have lost their houses. If you look at where it happened, the initial wave of full closures occurred in two specific kinds of areas. One was the older cities of the United States, like Cleveland, Baltimore, Detroit. Tthere is a wonderful map of full closures in Cleveland, and it is very intensely concentrated. And then put the proportion of population in different senses tracked, so African-american is exactly the same.
Then US go on high gasoline prices, and suddenly they find themselves having very hard time paying for the gas, and paying for the mortgage, and so it gets this big wave of full closures in the peripheral areas of what we call sunbelt cities, which have a very different pattern from in Cleveland.
I don’t think it will, but for example, at the municipal level, I think that could well be moved against, which would be anti-eviction, anti-full closure movement. There have been some signs of that in cities like Boston, some people have organized, so that when they try to come and evict people, people will come and surround the house, and do things. So there are possibilities of that kind. But it has also to be connected, I think, with a reform of housing finance. And at this point Congress has done nothing to stop the full closures. And Obama promises to try to do something to hold back the full closures, but I don’t think it will be strong.
Local time: 10:00
execução de hipoteca
Pelo contexto, o mesmo que foreclosure - execução de hipoteca
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Grading comment
obrigado a todos pela ajuda.
4 KudoZ points were awarded for this answer


Summary of answers provided
4 +4execução de hipotecaBentevi



11 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
execução de hipoteca

Pelo contexto, o mesmo que foreclosure - execução de hipoteca

Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 68
Grading comment
obrigado a todos pela ajuda.

Peer comments on this answer (and responses from the answerer)
agree  Floriana Leary
14 mins
  -> :)

agree  Marcos Antonio
1 hr

agree  Marlene Curtis
3 hrs

agree  José Henrique Moreira
1 day4 mins
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