Cephalopod
10-07-2008, 01:09 PM
Not really politics, just an interesting story on NPR this morning.
Foreclosures Hit Rural America, But Quietly
U.S. policymakers who hope to address the nation's housing crisis may have a blind spot: rural counties.
A company called RealtyTrac provides some of the most widely followed statistics on home foreclosures, but it fails to report on more than 900 rural counties.
...
On HUD's new list, rural states have significantly higher foreclosure rates. For example, RealtyTrac ranks Mississippi near the bottom. But HUD says it's in the top 10.
http://www.npr.org/templates/story/story.php?storyId=95431537
The map included, from RealtyTrac, shows a pretty hefty number of areas not counted.
Foreclosures Hit Rural America, But Quietly
U.S. policymakers who hope to address the nation's housing crisis may have a blind spot: rural counties.
A company called RealtyTrac provides some of the most widely followed statistics on home foreclosures, but it fails to report on more than 900 rural counties.
...
On HUD's new list, rural states have significantly higher foreclosure rates. For example, RealtyTrac ranks Mississippi near the bottom. But HUD says it's in the top 10.
http://www.npr.org/templates/story/story.php?storyId=95431537
The map included, from RealtyTrac, shows a pretty hefty number of areas not counted.