Suburbs take hit as US poverty climbs in downturn
More than half, or 57, of the 100 largest U.S. metro areas had substantial increases in poverty. They were most evident in Sun Belt suburban areas including Modesto and Riverside, both in California, as well as Lakeland, Fla.; Orlando; Miami and Tampa, which had seen large population gains during the housing boom.
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That's Privatopia and this negative trend may at least partly explain why lots of HOAs are coming up short on assessments.
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