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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: GraceZ who wrote (88230)9/6/2007 2:16:20 PM
From: John VosillaRead Replies (1) of 306849
 
'..it'll be 1 in 62 American homes or at a rate not seen since the Great Depression. That is if you don't count all the farms foreclosed on (which was where most of the population still lived. I'm descended from a family that lost their farm in the Great Depression.'

Does this include tax foreclosures which are usually the way land is lost? Funny in the Bush economy we have lower taxes on the federal level at the top but everyone else getting hit from all sides especially those who own real estate and get ever mounting tax bills that have skyrocketed to help pay for local municipal services
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