Monday, December 26, 2011

Desert Underwater

Las Vegas, used to decades of continuous building and growth, is now in the middle of an unprecedented housing crisis. With unemployment over 13 percent and thousands of homes underwater and going into foreclosure every month, Southern Nevadans are wondering how we can possibly find our way out of the worst economic predicament in the state's history.

Las Vegas TV investigative reporter and Coast to Coast AM guest host George Knapp's series on the foreclosure-fueled implosion of the housing market of this region -- one of the most HOA dense in the nation.

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