As the recession deepens, market values of real estate and rents drop too.....
At the end of 2000, mortgage payments over 30 days late exceeded 10% for the first time ever (Associated Press 6/13/01) Americans now owe $7.3 trillion of consumer debt - personal and business bankruptcies are skyrocketing (Newsweek 8/27/01) Home mortgage foreclosures are up 20% year over year (Fox News 11/5/01) Unemployment rate is 5.7% and growing Time is kind to the thrifty - people and cities. Vicky Heller St. Paul _______________________________________ Minneapolis Issues Forum - A Civil City Civic Discussion - Mn E-Democracy Post messages to: [EMAIL PROTECTED] Subscribe, Unsubscribe, Digest option, and more: http://e-democracy.org/mpls
