US auto town hit by foreclosures – 23 Dec 09

by Tony on December 23, 2009

As the US economy struggles out of recession, home foreclosures have touched the one million mark. Those foreclosures have hit the long-suffering city of Flint, Michigan, particularly hard. Once the home of General Motors, this declining city is now thinking of returning back to nature. Al Jazeera’s Cath Turner reports.

Share and Enjoy:
  • E-mail this story to a friend!
  • StumbleUpon
  • Digg
  • Technorati
  • del.icio.us
  • Google Bookmarks
  • Sphinn
  • Facebook
  • Mixx
  • LinkedIn
  • Live
  • TwitThis
  • Yahoo! Bookmarks

Related posts:

  1. No let up in US foreclosure pain – 15 May 09
  2. Abacoa Town Center faces foreclosure – Bizjournals.com
  3. Oregon gets $88 million share of federal aid to ease foreclosures – OregonLive.com

Read the full article...

Comments on this entry are closed.

Previous post: Foreclosed homeowners get revenge through vandalism – KVUE

Next post: Parts of McKinney’s 380 Towne Crossing center facing foreclosure – Dallas Morning News