Tuesday, May 5, 2009

Fighting foreclosure blight in California

From the Wall Street Journal:

It's a tale of two cities. In Coachella, Calif., foreclosed homes are left to deteriorate and drag down housing prices. But in neighboring Indio, city officials have threatened banks with legal action if foreclosed houses aren't maintained. Nicholas Casey reports.

1 comment:

Anonymous said...

Not of interest to self-absorbed New Yorkers.