DonnaS (Tennessee)
Posts: 5,671
Posts: 5,671
Posted:
This article is on the home Page. I just want to comment of this as I have personal association with this.
It is ironic that the commissioners are the ones who are trying to figure out what to do with the high foreclosures. It is these very same people who allowed building permits and developement of areas where they had no roads, no infrastructure, no schools and no financial means to build and maintain this growth.
Over 90% of these homes were built by Real Estate agents and guys with enough tools to call themselves "builders". They had no buyers but kept putting up "spec" houses. And the County gace them permits to do so. My best friends from Wisconsin built with a company that went bankrupt half way tru the build. And it was one of the better companies.
The Article:
Florida county considering declaring itself disaster area
This article has been read 58 times.
Associated Press
PORT ST. LUCIE, Fla. - Just five years ago, Port St. Lucie was America's fastest-growing large city. Then the foreclosure crisis slammed it like a hurricane.
Today, it sits in one of the hardest-hit counties in the nation. Thousands of houses are empty or unfinished. Neighborhoods are littered with for-sale and foreclosure signs and overgrown, neglected yards. Break-ins are on the rise.
But one politician believes he has a unique solution: Declare St. Lucie County a disaster area as if it had been hit by, well, a hurricane.
The remainder of the article goes into more detail.