The global met down/re-alignment continues apace, with the sub-prime mortgage crisis further down the running order. This video embed from SoCal reminds us of the stark human cost of the lost California dream.
The report comes from It tells of Foreclosure Alley’: area in Southern California that’s been so hard-hit by the mortgage crisis, there’s barely a home in the neighborhood that’s still occupied.
The report speaks off, 'a beautiful valley filled with spacious homes with formerly sparkling pools and manicured lawns is now decaying. So many homes have been foreclosed, the banks can’t clean them out fast enough. So, they’re resorting to the cheapest way to empty the homes of their contents: hiring companies to haul it all away to the dump'
and thanks to DM for the link