Boise, for instance, is high on this list, but still has rising home prices. This suggests that the people being foreclosed have the decency to move out rather than squat and drag out the proceedings as long as possible.
The Detroit way is to trash the place and make it unattractive even to foreclose upon. Then strip it of all cooper wiring and other stuff that can be turned into cash to but your next crack fix until your government check comes.
Thanks for clearing that up. I guess I should have read the fine print.
The list simply didn’t make any sense to me.
Take Boise-—I always assumed that was a thriving, growing and prosperous city. And I’m sure it still is.