Tent cities have sprung up outside Los Angeles as people lose their homes in the mortgage crisis.
Bushtowns
Mar 18, ’08
7:38 AM
Tent cities have sprung up outside Los Angeles as people lose their homes in the mortgage crisis.
Comments
4 Comments so far. Leave a comment below.Should be named “people who don’t know how to read a contract and buy homes beyond their means towns”.
I struggle to see exactly how a president is responsible for this kind of situation. People who lost their homes now can’t even afford an apartment? How did they ever think they could pay a mortgage in the first place.
AAAAAAAHHH!!!! Don’t you see? Bush planned it this way! With these people out of the way, he will make BILLIONS!! And he’ll get you, too, with his evil magic!!
Do they check property records to make sure your house got repossessed before they let you live in Bushtown, or can anyone live there?
The BBC isn’t neutral. They love stories that exagerate America’s failures. Also, I have a hard time believing the people in this story ever really had their act together in the first place. Why are they jobless and obese? Signs of a lack of education I think. Shame on the lenders, but they were targeting undereducated fools.