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IPFS News Link • Economy - Economics USA

Record 19 Million U.S. Homes Stood Vacant at End of 2008

2-03-09 • Bloomberg.com

The worst U.S. housing slump since the Great Depression is deepening as foreclosures drain value from neighboring homes and make it more likely owners will walk away from properties worth less than their mortgages.

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Reported By Jack Gregson

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Record 19 Million U.S. Homes Stood Vacant at End of 2008

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