Blue state economies UNDERWATER (unemployment rate, illegal, healthcare, Missouri)

[southeasttexas]

The 15 ZipCodes with most economic failures:

15. Chicago ZIP Code 60636
Properties with loans: 7,875
Properties seriously underwater: 65.6%

14. Detroit ZIP Code 48227
Properties with loans: 7,825
Properties seriously underwater: 65.8%

13. North Chicago ZIP Code 60064
Properties with loans: 2,856
Properties seriously underwater: 65.9%

12. Milwaukee ZIP Code 53206
Properties with loans: 3,189
Properties seriously underwater: 66.2%

11. Detroit ZIP Code 48234
Properties with loans: 6,096
Properties seriously underwater: 66.6%

10. Maple Heights, Ohio ZIP Code 44137
Properties with loans: 7,694
Properties seriously underwater: 66.8%

9. Detroit ZIP Code 48205
Properties with loans: 7,574
Properties seriously underwater: 67%

8. Riverdale, Illinois ZIP Code 60827
Properties with loans: 5,391
Properties seriously underwater: 67.4%

7. Dolton, Illinois ZIP Code 60419
Properties with loans: 6,673
Properties seriously underwater: 68.2%

6. Detroit ZIP Code 48228
Properties with loans: 9,993
Properties seriously underwater: 68.2%

5. Detroit ZIP Code 48224
Properties with loans: 8,974
Properties seriously underwater: 69.4%

4. Las Vegas ZIP Code 89109
Properties with loans: 6,327
Properties seriously underwater: 69.9%

3. Detroit ZIP Code 48235
Properties with loans: 9,629
Properties seriously underwater: 70%

2. St. Louis ZIP Code 63137
Properties with loans: 5,954
Properties seriously underwater: 70.6%

1. Trenton, New Jersey ZIP Code 08611
Properties with loans: 4,426
Properties seriously underwater: 74.6%

https://www.usatoday.com/story/money...ges/348865001/

[andywire]

This is why you don't want to work for a liberal business owner... Because in the real world, this kind of crap wouldn't be going on for long, and you would be looking for a job once the 1st paycheck bounces.

[jm1982]

Not too surprising since most of them are in Detroit or Chicago area .

[StuartGotts]

Areas where businesses pulled out and went overseas.
Funny how well the economy was rolling along when organized labor created a middle class.
Red states are STILL taking more than they give. They must really be welfare states. They're gonna love the Donald's welfare reform. Let them eat dirt lol

[andywire]

Originally Posted by StuartGotts

Areas where businesses pulled out and went overseas.
Funny how well the economy was rolling along when organized labor created a middle class.
Red states are STILL taking more than they give. They must really be welfare states. They're gonna love the Donald's welfare reform. Let them eat dirt lol

They will eat dirt, and smile, then ask for some more. Some people are happy enough to earn their living, instead of demanding that it be handed to them in the form of a handout.

[Colorado Rambler]

Yeah, it's hell living here in a blue state with the number one economy in the nation.

But hey! You cons keep on looking at the rust belt and conveniently forgetting about the sorry economic conditions of most of the red states. Water finds its own level and all that.

Me, I'm loving my true blue state!

[in_newengland]

Massachusetts doesn't seem to be having many problems. We're a blue state.

[MJJersey]

Go Trenton! Number one! Meanwhile our Republican governor wants to spend 600 million dollars to fix windows in the statehouse building.

[jm1982]

Texas is a huge "red state" and their big cities all seem to be doing very well . Strong economies many businesses located there and many more moving there .
Low unemployment rates .

I live in CA , but it has some big issues . When taking into account cost of living it has the highest poverty rate.
The high cost of housing is mostly the reason. Taxes are also getting higher and higher which of course affects the poor and middle class more than the rich .

Lots of corruption as well . CA spends about $25 billion on illegals , education ,healthcare ,food stamps etc
Yet we can't fix the roads or provide basic services for tax paying homeowners .
Crime has been rising as well due to early release of prisoners .

[katzpaw]

The OP's source is below. The OP's subject line says states but the OP used ZIP codes.

15 ZIP Codes With the Most Underwater Properties | Credit.com

Seriously Underwater Properties Down 1.2 Million From a Year Ago in Q1 2017, Equity Rich Properties Increase 1.4 Million | ATTOM Media

"States with the highest share of seriously underwater properties as of the end of Q1 2017 were Nevada (18.9 percent); Ohio (17.1 percent); Illinois (16.5 percent); Louisiana (16.4 percent); and Missouri (14.5 percent).

Among 88 metropolitan statistical areas with a population of at least 500,000 and sufficient home value and loan data, those with the highest share of seriously underwater properties as of the end of Q1 2017 were Cleveland, Ohio (22.9 percent); Las Vegas, Nevada (22.1 percent); Akron, Ohio (20.3 percent); Dayton, Ohio (20.3 percent); and Toledo, Ohio (20.0 percent).

Other metros in the top 10 for highest share of seriously underwater homes were Baton Rouge, Louisiana (19.7 percent); Detroit, Michigan (17.1 percent); Chicago, Illinois (16.4 percent); Lakeland, Florida (16.2 percent); and St. Louis (15.3 percent).