Rise In Foreclosure Lead To Rise In Squatters

February 16, 2009
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Foreclosure Rates Up

The homeless have found a comfortable place to stay in, away from the structured shelters—the foreclosed homes. That’s an inevitable consequence triggered by real property meltdown which, we all know, have thrown out homeowners from their homes.

This situation is most obviously seen in Cleveland where foreclosed houses outnumbered the homeless. Brian Davis, board member of the National Coalition for the Homeless bared the latest census of homeless saying there are 4,000 homeless in Cleveland who could be seen on streets at any given night while there are about 15,000 foreclosed homes in the area.

This makes one wonder if number of homeless people would eventually drop with the rise of vacant houses which have become very inviting for homeless people who have finally found a much convenient place to stay in. This may not only be true in Cleveland but all over the country as foreclosed units are on the rise everywhere.

However, living in foreclosed houses may bring risks to homeless people who would most likely be confronting drug dealers, prostitutes and copper thieves who are also looking at vacant units as potential areas where they can conduct their illegal deals.

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