Four times the national average when you narrow your focus to towns with a military presence. Ain’t something wrong with this picture, folks? Have we made life this rough for our military families?
Foreclosures in military towns quadruple the U.S. rate.
Bloomberg reports today that “in the midst of the worst surge in mortgage defaults in seven decades, foreclosures in U.S. towns where soldiers live are increasing at a pace almost four times the national average“: “Foreclosure filings in 10 towns and cities within 10 miles of military facilities, including Norfolk, Virginia, home of the Navy’s largest [...]
Technorati Tags: Military Facilities, Foreclosures
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