real-time news and commentary for investors
Thursday, Aug 30
2012, 8:00 PM
With nearly 12% of all mortgages either delinquent or in the foreclosure process, one would...
With nearly 12% of all mortgages either delinquent or in the foreclosure process, one would think that housing would be at the top of the political agenda for getting the economy moving again - but it's not. Why? Most likely because recent studies show that communities hardest hit by the housing crash aren't likely to have a high voter turnout. Ignoring them could be a risky gambit however, because most of the nation's swing states also have the dubious distinction of holding the highest foreclosure rates.