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Location: By the sea, by the sea, by the beautiful sea
68,329 posts, read 54,381,135 times
Reputation: 40736
Quote:
Originally Posted by zentropa
I did better than that. I read the article. The percentage of "vacant homes" (deemed by census data) has gone up less than 1% since 2007. I would not call that a spike, would you?
Some states have high vacancy rates even after backing out the second homes: Florida's is about 10%; Arizona's is 10.7%; and Nevada's 11.4%.
Besides Connecticut, the other states with lowest vacancy rates are California, Iowa, Illinois, Virginia and Washington, all at 9.2% or lower.
Prices have certainly dropped,though not dirt cheap.
At least not here...
Detroit which Obama is not going to save has houses going dirt cheap. Wages aren't low enough and unemployment isn't high enough, Obama's recent trip to Central and Latin America was all about sending out more jobs and bringing in more cheap foreign labor.
They are keeping the illegal aliens busy here slapping up homes, left & right.
Same here where I live. Those jobs are for the purpose of keeping immigration rates high and they certainly are high where I live. It helps to have a busy food stamp and WIC office too.
Why,do you think those homes are going to go dirt cheap?
I would think a lot are bank owned and just sitting,waiting for things to turn around.
Hey, the banks are funding the schools!
If the banks don't pay the property taxes on them, the schools will TAKE them!
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