Plenty of Foreclosures to Go

Not much to add to this.  Please wake up the Coral Gables commissioners.

Banks have an inventory of about 1 million foreclosed homes, plus another 5 million homes where the loans are badly nonperforming.

via Numbers to Ponder, Arnold Kling | EconLog | Library of Economics and Liberty.

About Stephen E. McGaughey
International consultant in economic development programs and projects

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