Economic Dead Zones - 1st Tsunami Wave of Foreclosures Done

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We could be seeing the beginning of the end of the suburb's suburb...sprawling bedroom communities based on cheap oil and higher wages may not be financially viable very soon... I see vast areas of waste land and looted communities when tax revenues dry up

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[WONDAWOMAN]

Its the practice of the Bankers who have had a monopoly on lending, funding both sides of wars & holding governments by the nuts by controlling and printing their money. Its called USURY.

fORBIDDEN in the scriptures.

[AWTENCHEE]

DESTROYED BY THEIR DESIGN

[dragongravy]

Finally somebody else that sees what is going on. We haven't hit rock bottom in housing yet. Your analysis applies to almost any where in the country

[Rawego]

this is insanity. banks are forcing people out of homes, homes are then abandoned, crime goes up, police ups enforcement, costing city money to protect the bank owned homes which are standing EMPTY. what a waste. 

[bxccapricorn]

all of u who lost ur houses better find a way out n ask ur selves why and how did u get in this situation or look back at history or read books on economics before fiat currency.

[ripperduck]

@MrJackassjerry Anywhere near the coast you'll find the most expensive homes....

[MrJackassjerry]

I don't live in the U.S. I am just wondering which area in California has the expensive homes??

[eseledopey]

some are good taggings....."graffiti art"

[eseledopey]

some are good taggings

[DIJV79]

@eatandtravel Yeah! I can't blame you, but the only nice place is out of California.

[eatandtravel]

@DIJV79

To each his own but I live in Belmont Short and you couldn't pay me enough money to live in Riverside.

Like I said, if Riverside is your thing, go for it.

[DIJV79]

@eatandtravel Orange County and L.A are to capacity people, their live like rats on top of each other. I highly recommend stay away from O.C and L.A at least in the Inland regions you still have space you can't hear your neighbor through the wall.