On the Ground, In the Heart of the Foreclosure Crisis
6 October 2008 - 7:00am
This video from KCET takes a look inside one of the formerly fastest-growing parts of the country as it grapples with a flood of foreclosures and abandoned properties.
"For the past few years, the Inland Empire in Riverside County has been one of the fastest growing counties in the state - home to a major housing boom. But now the Inland Empire is pretty much the poster child for the foreclosure crisis. In the newer developments, house after house sits vacant - either up for auction, for sale by a bank or going for what’s called a “short sale” which is when the owner owes more than the house is worth."
Full Story:
Foreclosure Alley
Source:
KCET, October 3, 2008
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The following list shows the top 10 metropolitan statistical areas, as defined by the U.S. Office of Management and Budget, where commuting by public transportation has grown the most. None of them are among the nation's top 10 most populous metro areas, and yet seven are within the top 20.
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