Willingness to default on home loans has been found to increase in ZIP codes with high foreclosure rates, leaving foreclosure-heavy Las Vegas in danger.
The city also remains saddled with high rates of homes that are worth less than the debt owed on them, leading to an even more default-prone situation for many homeowners.
"Las Vegas, which leads the nation in foreclosures, is vulnerable. The recently released study shows that 17 percent of households would default even if they could afford to pay their mortgage if the equity shortfall reaches 50 percent of the value of their house."
FULL STORY: Underwater LV homeowners more likely to walk away, study says

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.

Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.

The French Solution to Congested Tunnels: Make Them Car-Free
Bay Area transportation officials keep expanding car capacity. Lyon’s Croix Rousse Tunnel offers a different way.

Missouri Governor Reverses Anti-Discrimination Housing Policies
A new state law bars cities from prohibiting source-of-income discrimination against tenants using Section 8 housing vouchers.

USDOT Launches Unfunded 'SAFE ROADS' Program
The program targets “distractions” and “political messages or artwork,” and paves the way for autonomous vehicles.
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