We have a barrier island full of empty condos that will end up in foreclosure, as people fail to make mortgage or fee payments. There are a lot of them available below the owner’s cost in an attempt to reduce some of the burden, and they still don’t rent.
People go to the beach, but they are staying like they once did.
The politicians just don’t understand the problem, and how bad it really is.
]]>I don’t even have a tent anymore.
Most people have no idea how bad it is in states without job growth already.
And they are about to pull the plug on any more.
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