Renters becoming latest victims as foreclosure crisis widens
November 23, 2009 by Editor · Leave a Comment
From The Washington Post
Some tenants left in dilapidated buildings
NEW YORK — A new wave of foreclosures stands to hurt people who may have never taken out a mortgage: renters. In cities such as New York, Chicago and Los Angeles, where many investors are carrying upside-down mortgages on large rental buildings, some tenants are watching their homes fall apart along with the financing. Read more
