1,300 foreclosures per day in California
Bob Morris @ Aug 13th 2008 21:38 - Category: Credit crisis
The number of foreclosures in California is rising too. Last year at this time it was 1,000 a day. Now it’s 1,300 a day.
That’s way to many dispossessed people and disrupted lives. Then there’s the property tax revenue and all the other revenue that an economically healthy area generates that has suddenly disappeared from many cities and towns in California.
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