Thread: US Homes "Shadow Inventory"

Washington Post, Economic Black Ops:
US Banks are failing to execute final foreclosure efforts, under pressure from Obama administration, in
an attempt to bypass WTO and GATT restrictions. Homeowners are receiving 6 - 18 months additional
"rent" (payment + taxes + insurance) courtesy of US Government. Classical Keynesian economics.

States are reeling under pressure from homeowners failing to pay 2009 and 2010 property
taxes. "Never" in action 'brothers ("L>").



"About 5 million to 7 million properties are potentially eligible for foreclosure but have not
yet been repossessed and put up for sale. Some economists project it could take nearly
three years before all these homes have been put on the market and purchased by
new owners. And the number of pending foreclosures could grow much bigger over the
coming year as more distressed borrowers become delinquent..."







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