Florida and other reitrement spots while be hardest hit because those who resided in the houses of the shadow market have most likely moved to a new, permanent abode with the angels (or devils). I'm wondering if banks would rather have the former owners continue to live in the foreclosed home rent free to prevent squatters or those who would break in & strip the house of appliances & copper piping?It would be beneficial for both parties. One gains rent free premises & the other party has someone to watch the property.
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