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That is true but look at many houses in inner city areas in Aussie they are even less appealing. How about those that have actually paid off their homes over many years to now find they may be only worth 50% or even lower on what they were a couple of years ago, this is tough, sure they can...

That one is truly off the planet!.:eek:

No problem, I found when I looked at the different cases it really solidified my thinking about the US and actually how bad it is!, and more importantly how quickly it can happen. Apparently there is another wave of foreclosures on the way, maybe 3X as many, maybe more than have already...

Found a 4 bedroom house in Florida sold for 100k!.

Hours of fun for any property buffs!.:rolleyes: This is an interesting map I came across plotting a few foreclosures in the US, a privately made map, you need to put the area you want to see in the middle of the screen and wait for it to load, it shows details such as price sold etc...