Thursday, February 03, 2011

Home Ownership—Nearly 11 Percent of US Houses Empty - CNBC

Home Ownership—Nearly 11 Percent of US Houses Empty - CNBC:

Overbuilding during the housing boom, young people holing up with their parents instead of buying a condo (or even renting one!), other people living with relatives after being foreclosed on, bank-owned properties rotting on the market...I love this economic recovery, don't you?

1 comment:

anonymous rand said...

Perhaps all those homes are vacant because the occupants have retreated to Galt's Gulch?