Wednesday, July 31, 2013

The housing “recovery” is a total sham - Salon.com

Worth reading as "Lake Worth" peppers the article, although some fact checking may have been well-advised prior to publishing. For example, the dates of the hurricanes are incorrect, although the correct dates would make matters seem worse. Also, forget about distinguishing between unincorporated Palm Beach County and Lake Worth. Blame the large geographic area covered by the Lake Worth mailing address for lumping the Strawberry Lakes subdivision (near Lantana and Jog) in as part of Lake Worth. Also, check out the Housing Justice Foundation which is based in West Palm Beach.

Yes, we know and are reminded by staff often about the 2,000  vacant and substandard homes in the city. These conditions were long in the making and were not all due to predatory lending.

Click title for link to article.