Foreclosure Alley, a Sad Video

Case-Shiller Home Price Statistics

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Chef Jeff profile image

Chef Jeff 8 years ago from Universe, Milky Way, Outer Arm, Sol, Earth, Western Hemisphere, North America, Illinois, Chicago.

First of all, great hub!  it hits home for me!

When we bought our house in July, 2006, it was underpriced according to the local market.  In the two years since then it has dropped well below what we paid for it.

Now that I am unemployed, and disabled, I believe we will end up losing all that we have worked for the past 30 years.

What a country!


Storytellersrus profile image

Storytellersrus 8 years ago from Stepping past clutter

The ads at the top of the page add to the distress:

Find Foreclosure homes. Your dream home as low as $10,000.

How are the taxpayers going to make back $800 billion at that rate?


Ralph Deeds profile image

Ralph Deeds 8 years ago Author

Sorry to hear that, Jeff. Good question Storytellersrus.


ColdWarBaby 8 years ago

I hate to keep repeating myself but, this is free market capitalism at work. This kind of tragedy is an inevitable result of an economic system that rewards greed, deception, fraud and ruthless disregard for the damage and suffering it causes.

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