These 40 Cities Are on the Brink of a Housing Crisis

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3. Bridgeport, Connecticut

Percentage of mortgages underwater: 26.9%

Median home value: $176,200

Connecticut has fallen on hard times in recent years, with its finances in trouble and undermined by debt, according to the Washington Post. Bridgeport is one of Connecticut’s largest cities, and it faces serious housing obstacles. With 26.9% of homes underwater on their mortgage, Bridgeport’s rate of negative equity is the fifth-worst in the study. The city’s high delinquency and foreclosure rates are not inviting to people looking for the best place to buy their first home.

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6 thoughts on “These 40 Cities Are on the Brink of a Housing Crisis”

  1. unfortunate news. Trump’s “booming economy” is a f’in lie. In fact, basically everything the White House says is a self serving scam or out right falsehood. Dump Trump NOW! make America Great Again!

    1. Richard D Bowman

      Aurora’s problems reflect the democratic control of Illinois’ legislature. Illinois has a poor business climate. Caterpillar’s decided to move manufacturing out of its Aurora facility. And Illinoisians are leaving in droves because of high taxes.

    2. Richard D Bowman

      Sorry, Trump has done more for business than the preceding president. Gasoline prices are at very low prices. We can’t afford another democratic socialist president.

  2. This started way before Trump got elected into office. It was the banks that loaned to people who should not have gotten mortgages. They also approved mortgages for way more than buyers should have been granted. Peoples spending habits are way out of line and they cannot make thier mortgage payments. No ones faullt but the buyers.

  3. THE REAL AMERICAN

    8 yrs of give it all away,sit on ur ass and watch the real back bone of this america do the work for the slug’s that obama fed and groomed that put him on his selfish podium, BRAVO!!!!

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