Housing Crisis: 14 Million Abandoned Homes and Growing (VIDEO)

According to a recent study, 9.9 million homes have been vacant since 2008 due to foreclosure. and as of 2011 that number has increased to 14.3 million units. Many blame the bleak housing market and the unemployment rate for the number of abandon homes in America. So how can the US solve this problem? John Taylor, CEO for the National Community Reinvestment Coalition, and Anthony Randazzo, director of economic research for the Reason Foundation, give us their take on what should be done with the homes.

~

4closureFraud.org

Leave a Reply