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Posts Tagged ‘the fall of america’

6.5 Million Foreclosures, 18.6 Million Vacant Homes

Monday, April 28th, 2008

Mr. Joad's Wild Ride.Here are some cheery housing numbers, as the bankrupt truckers impotently beep their horns at Congress and the food is rationed and “consumer expectations” hit lows not seen since the early 1970s: More than 6 million homes will go into foreclosure before this housing collapse is finished, and the number of houses now sitting empty in America has reached a staggering 18.6 million — including 2.3 million currently on the market. MORE »