35 Counties Account for 50% of Foreclosures | Mother Jones: "USA Today points out that, last year, just 32 counties accounted for one half of all foreclosures in the United States. Those counties are outlined in red below. Even among them, there are some areas that are worse than others: 'Eight counties in Arizona, California, Florida and Nevada were the source of about a quarter of the nation's foreclosures last year.'"
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Take a look at the map that accompanies the article. A whole lot of this nation isn't part of the foreclosure crisis.
4 comments:
Looks like a map of Privatopia...
Fred Pilot, whoever you are, it appears you may have a very good point! Wonder why this is?
It's an overlap of two trends: high growth areas of the nation and population migration to them combined with the rise of what our blogger identified in his 1994 book "Privatopia: Homeowners Assocations and the Rise of Residential Private Government" as a rapid increase in privatized local government since the 1970s.
The new development in these high growth areas has come under local government land use policies -- supported by state enabling legislation -- that require virtually all new development to be common interest developments run by private homeowner associations.
Mr. Pilot,
Thank you for the explanation. In case you are interested, I know certain HOA's/COA's/CID's do not work. Some of these groups are out of control, in areas of the country. Among other "activities," I know some of these "boards and their associates," target, terrorize, harass, threaten, etc. vulnerable populations and file fraudulent (fabricated) lawsuits. The CC&R's are completely ignored and the homeowner is forced to employ an attorney who may be part of the problem and not the solution. In far too many cases the unsuspecting homeowner ends up homeless and financially devastated. These are decent, respectable people who did nothing!
Where are they to go, if no one listens?
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