Inland Empire Seeks Solutions to Foreclosure Crisis
Ron Loveridge, the mayor of the Inland Empire's largest city, Riverside, details how regional and local leaders are working to recover from the effects of the foreclosure crisis.
"The inland area has the highest unemployment of any major metropolitan region of the country. There are more foreclosures in our two counties than any other place in the country. You’d think that should move us to the front of the line if there are programs that are need-based."
"There are so many homes going into foreclosure that the building industry can’t build a home that can compete with the homes that are going on the market due to foreclosure. Until that foreclosure inventory is reduced it’s going to be very difficult to restart the building industry, even with the reduction of fees."
- Login or register to post comments
- Email this page
- Inland Empire Prepares for 350,000 Foreclosures - Nov 30, 2008
- On the Ground, In the Heart of the Foreclosure Crisis - Oct 06, 2008
- Oakland A Food Hub Once Again - Oct 28, 2009
- Coalition Promises $4 Billion to Green Affordable Housing - Oct 27, 2009
- Is Bright Right or Blight? - Oct 16, 2009

















