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Alarming Increase In South Carolina Foreclosures
Palmetto State’s soaring foreclosure rate is America’s highest …
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Palmetto State’s soaring foreclosure rate is America’s highest …
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6 comments
I know, we’ll just keep electing Republicans! That’ll fix it!
Another reason could be that home prices have outpaced wage growth by a long shot. When your mortgage payment represents a large percentage of your take-home pay, it doesn’t take much of a financial bobble to put you in a bind.
Bingo!
Expecting the government to fix this is like trying to catch rain in a colander.
People can’t pay for their houses because their pay hasn’t gone up with the price of housing and everything else. SC pays their workers the bare minimum, and that’s exactly how our politicians want to keep it because they have to appease the business owners and corporations. Duh
If you can’t buy it twice then you can’t afford it.