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Foreclosure Alley, a Sad Video

Updated on October 3, 2008

Case-Shiller Home Price Statistics


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      ColdWarBaby 9 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.

    • Ralph Deeds profile image

      Ralph Deeds 9 years ago from Birmingham, Michigan

      Sorry to hear that, Jeff. Good question Storytellersrus.

    • Storytellersrus profile image

      Barbara 9 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?

    • Chef Jeff profile image

      Chef Jeff 9 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!