Tuesday, February 17, 2009

Where Are They?

I understand how foreclosures, the recession, housing price bubble and risky loan practices have caused housing prices across the nation to slide dramatically.

I do not understand this story from USA Today which begins, "A record 1 in 9 U.S. homes are vacant."

The article indicates that houses are vacant because of the recession. So, where are the people who would have lived in all these empty houses - had the economy been strong?

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