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122 Comments
- kd420, on 04/22/2009, -6/+43Yeah, I'm going to click through 20 slides to see a bunch of no-name American cities. ***** these slideshows.
- megaton, on 04/22/2009, -0/+36So... this is a gallery of... maps?
- d3dm, on 04/22/2009, -0/+2320. Tracy, CA
19. Hesperia, CA
18. Los Banos, CA
17. Lake Elsinore, CA
16. Fernley, NV
15. San Jacinto, CA
14. Lathrop, CA
13. Adelanto, CA
12. Patterson, CA
11. Maricopa, AZ
10. Heber, CA
9. Perris, CA
8. Buckeye, AZ
7. Olivehurst, CA
6. Fairburn, GA
5. Parrish, FL
4. Lehigh Acres, FL
3. Litchfield Park, CA
2. Tolleson, AZ
1. Queen Creek, AZ - donte, on 04/22/2009, -0/+21Not just any maps, my friend. Maps that are zoomed in so close that those of us that don't live within a 3 minute drive of the town have NO idea where within the state that town lies. To be blunt about it -- f'ing worthless maps.
- AprylBreeze, on 04/22/2009, -1/+14i've driven through indio. its a desert. i would foreclose my home to get the hell out of there.
- ousthouse, on 04/22/2009, -0/+12This sucks, but on the upside, homes are getting cheaper. Maybe in the future, we'll be able to buy homes without having to our lives away on huge 30 year mortgages which eat half of people's income.
- inactive, on 04/22/2009, -1/+11In other words, you?
- Jhorra, on 04/22/2009, -1/+9The article was decent, but the slideshow was just pictures of maps with no real additional information. I would have liked to see more information about the specific towns that it lists.
Poorly researched story. - inactive, on 04/22/2009, -2/+9You must be from that state that's in great financial shape right now.
- inactive, on 04/22/2009, -1/+7Buried as inaccurate. Forbes needs proofreaders who understand basic concepts like "per capita".
I'm pretty sure there's NOWHERE in the US which has 54 or 75 foreclosures per capita. Dubai, maybe.
Oh yeah, and ***** FORBES for content slideshows. which are heavy on the slideshow, light on the content. - itsthejohnes, on 04/22/2009, -2/+8Could be worse, you could live in Flint, like me.
http://thisaintflint.com/ - DoogyZ, on 04/22/2009, -0/+5I live in Queen Creek and it IS that bad.. My family leased a home for over 2 years and watched as every single one of our neighbors lost their home, there where literally only 3 people left on our street... And then we got a notice on our own door stating that the homeowner(our landlord) was being foreclosed on. We payed the rent on time every month while he was keeping the money and not paying his mortgage. The upside, we bought the house at auction for 60,000.. (the homeowner tried selling it to us for 320,000 when we first moved in) Dude lives in an apartment and bought 2 brand new 250,000 dollar homes, how is that even possible!?
- inactive, on 04/22/2009, -2/+6Yeah, call us when you return to reality.
People are hardwired for greed, it's a survival skill. We won't change our biology, and no amount of dreaming will change that. This is the same point that everyone from Libertarians to Marxist Communists has critical comprehension failure: the world is not an Ayn Rand novel nor a mythical land where everyone works together for the betterment of society.
Nay, a more apt description would be that collectively, we are parasites both to the planet and to our societies, sucking up as much resources as we can, to make sure we have more than the next guy.
Come up with a societal structure and mechanic which lets us belie our nature for increased individual gain, and you might have something. Until you can come up with that, you're not advocating anything a crack-addled street corner prophet couldn't offer up. - drudometkin, on 04/22/2009, -0/+4The last gold rush was the refinancing/real estate boom a couple years ago. Now the same people are making big money doing "loan mods" and selling foreclosures. ***** parasites if you ask me.
- jitterbits, on 04/22/2009, -3/+7lol @ you thinking California is full of liberals. It is a surprisingly conservative state in many respects.
- inactive, on 04/22/2009, -0/+4Oh come off it, you know you love Michigan, just like all the other mitten-fetishists up there.
- opitica, on 04/22/2009, -0/+3i've lived within 10 miles of all the cities mentioned in Arizona. If they don't have people buying houses in those towns, they don't have revenue. The construction industry is what drives a lot of these new cities around the valley.
if you craigslist the phoenix area and then do a real estate search for queen creek homes they all usually start with "BANK OWNED". - saranagati, on 04/22/2009, -0/+3uhmm, most those people are smart and write off most of their income tax so they pay little if any at all.
- hereisandy, on 04/22/2009, -0/+3read the article! this list considers cities with a population <100,000
- inactive, on 04/22/2009, -0/+3And in ten years when Fortune magazine inquires about the secret to your success, you'll smile and wink and say, "I've got a friend called Digg dot com!"
- jitterbits, on 04/22/2009, -0/+3Read again. That's not what it says. Obviously, a misspeak, but rather glaring for an editor or even writer to miss.
- SmpleJohn, on 04/22/2009, -1/+4Your inner child shines. With the exception of most people's inner child can spell first.
*Edit*
Or realize they screwed up and hit the 'Edit' button. - inactive, on 04/22/2009, -3/+6Oh look I just read that you called him a basement whale on digg.... What the heck is a basement whale? NOT that I really want to know
- enantiodromia, on 04/22/2009, -0/+3here is an interesting experiment:
Give PrivateGuy $10,000,000, and watch his tone change. - brad3378, on 04/22/2009, -1/+3I used to live as somebody's roommate in a gorgeous $500,000+ home in Chandler a couple years ago. The homeowner was having a hard time keeping up with his mortgage with his $80K job (Duh).
As hard as he tried to keep up, He just lost his house a couple months ago.
No offense, but when I recently read that story about slavery in Dubai, it immediately reminded me of life in the Metro Phoenix area. Lots of illegal workers, a self righteous snobbish middle class (present company excluded), water fountains pissing away precious water at every shopping center, an economy based on construction without productive wealth creation, etc. Although I don't expect things to get as bad as my home in Detroit, I'm not very optimistic about the Metro Phoenix area rebounding as quickly. I see worse times to come for both your home and mine. - smemily, on 04/22/2009, -0/+2Have you seen Detroit lately? The median sales price now is around $5k.
http://www.realtor.com/realestateandhomes-search/D ...
There are homes you can buy for less than an average 1 month payment on your cell phone contract. - cor315, on 04/22/2009, -0/+2forbes has the worst slideshows
- morgino, on 04/22/2009, -4/+6Wow that's brilliant. Maybe we should all live in communes, wear togas and barter you dumb hippy
- ousthouse, on 04/22/2009, -0/+2Wow... I live in Alabama. One of the FEW good things about this place is that you can buy a nice home for literally a third of what it would cost in many other places.
- PeachesTheCow, on 04/22/2009, -0/+2None of these "places" are actual towns, much less cities. They are just "incorporated strip mall zones" where some cheap homes, chain stores and parking lots come together. Calling them "towns" is an insult to the concept.
- jitterbits, on 04/22/2009, -0/+2Technically we've done that for a lot longer than our current system. Considering the speed with which this system is imploding, perhaps the whole barter/commune thing wasn't as unsustainable and impractical as we like to imagine.
- nutmac, on 04/22/2009, -0/+2Prospectors hope new Calif. gold rush will pan out:
"In California's Sierra Nevada foothills, there's still gold, and a new rush is under way to find it.
Not since the Great Depression have so many hard-luck people been lured by the prospect of prospecting. The recession and high gold prices are helping to fuel the latest gold craze, especially among workers who have lost jobs."
http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2 ... - frequentFlyer, on 04/22/2009, -0/+2LOL at california being 55% of the list.
- MicahT0078, on 04/22/2009, -4/+6Hat tip to you, the most ignorant poster in the comments. These are all notoriously conservative areas you moron.
- ramseypawlik, on 04/22/2009, -0/+2Yup, I'm in San Antonio, Texas and it's the same here. I bought a BRAND NEW 2000 square foot home for a little more than $130k. You can get a NICE house for $100k-$120k. I watch HGTV (because of my wife :P) and I can't believe how much people pay for a mediocre house or condo in other places. You could have close to a mansion for what they pay ($500k-$1m).
- Alli3388, on 04/22/2009, -0/+2Half?? In Vancouver, the average home costs SEVENTY-THREE PERCENT of their income!!! Which is why, of course, no one under the age of 35 owns anything more than a small one bedroom apartment. :-( I guess we have to wait for our parents to kick it before we get our own homes... Unless this financial thing actually brings our property values back down to Earth (fingers crossed!). Fortunately, though, Canada never did the crazy lending to anyone, so no one has to foreclose here. It's just that only actually rich people own homes.
- enantiodromia, on 04/22/2009, -3/+5these areas are full of rednecks and racists, so actually these are more your people.
if you noticed from the article, "San Francisco" "Carmel" "Santa Barbara" and "Berkeley" weren't on that list.
don't worry about us, we'll be fine. we sent all the deadbeats back to their respective states to go live with their parents again. - FXNGLAS, on 04/22/2009, -0/+2lolz @ half. If you ever live in NJ and decide you want to have a family, you need to factor in a babysitter or day care unless you make at least 100K+ a year.
- ATL, on 06/20/2009, -0/+2dugg for basement whale LOL
- nllx, on 04/22/2009, -0/+1Did you actually drive *through* the cities around there or just view it from the interstate? It's nice going there during the winter.
As I was going along the main hubs of the valley, I was just remembering about Dubai and how that city transformed from a desert to something completely different. - jitterbits, on 04/22/2009, -0/+1Most of those places have been ***** holes for 20 years already, if not from their very inception.
- Technopundit, on 04/22/2009, -0/+120 yrs ago, Queen Creek barely existed.
- PeachesTheCow, on 04/22/2009, -0/+1Detroit, despite its problems is still a real city. These are not cities, they are strip-mall-zones
- tawny6812, on 04/22/2009, -0/+1Crazy. A company I worked for, in Colorado, had investment properties in Lehigh Acres, FL. It was a credit union, got placed under conservatorship after loans made to build houses in a swamp 2000 miles away went bad and it all went to the dogs after that!
Oh and the government ate those bad loans too... - Technopundit, on 04/22/2009, -1/+2It's all Reagan's fault.
- ousthouse, on 04/22/2009, -0/+1Who profits from foreclosures? It's the bank trying to salvage some loss... they're not making a profit. They profit from people who make their payments on their insane interest rates.
Unless you think "Bob's Repo Truck Company" is the grand mastermind behind the foreclosures, I think you're wrong. - PeachesTheCow, on 04/22/2009, -0/+1Forbes has been hard-core pageview whoring for over a year with this sort of thing. Too bad their advertisers dont' yet understand that 22 pageviews of the same thing does not equal 20x the value!!!
- jitterbits, on 04/22/2009, -0/+1Meant as a totally honest question: if it bothers you so much, why don't you mow it yourself?
- SteelChicken, on 04/22/2009, -0/+1and who names a town after a character in "the good the bad and the ugly?"
- Technopundit, on 04/22/2009, -0/+1Do you think this is some sort of accident?
Ever think there might be something going on here by design?
There are people profiting from these forclosures. Big time.
Others are being forced into virtual slavery. -
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