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1 in 4 homes [EDIT: mortgages] are underwater.[1]

If the goal by which we make neighborhood/city wide planning decisions is the ability to "look after" one's property, I propose homeowners are clearly more socially derelict and likely to ignore the community.

[only partially sarcastic]

1. http://nationalmortgageprofessional.com/news30381/nearly-24-...



1 in 4 mortgages, which is less than 1 in 4 homes.


Corrected.




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