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Posts Tagged ‘Droves’

RISING FORECLOSURES in many areas of the USA: Why I see signs of excessive conspicious wealth all around?

Economics 6 Comments »
foreclosures
Middy S asked:


I’m not unsympathetic, but who are these people who are losing their homes in such numbers in many areas of the USA? I see signs of conspicious wealth EVERYWHERE, lots of ads for multi-million dollar homes in areas where the mdeian home prices might be 300K, expensive vehicles cruising around in droves…and then I see almost everyday more of the same news about increased foreclosures.

I’m sure that most of these people facing foreclosure are well meaning types, not a bunch of house flippers and bums.

There are real people facing real drama behind the numbers. Who are they and what are their stories?


July 16th, 2007 |

Tags: Droves, Foreclosures, Multi Million Dollar Homes, Real People




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