Foreclosed Homes to be Bulldozered

by James & Miel on April 21, 2009 · 0 comments

Woah, sometimes you read a new story that reaches out and grabs your attention. Well, CNN is reporting a hitherto unexplored aspect of the economic downturn.

Evidently the foreclosure situation is so bad in some parts of the US that local municipalities are planning on demolishing homes by the hundreds. In other areas, homeowners who were foreclosed on have taken everything of value out of the houses including piping, kitchen cabinetry, masonry, doors, etc. etc.

Hardcore.

Sometimes home foreclosure is unavoidable, but we believe if you are intentional about living frugally or building excess wealth you will be in a position to at the very minimum survive economic downturns if not thrive during them.

Check out the video here.

The Moderate Voice has more information.

Best,

James

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