[Petronski]

Sometimes there are no "cheaper homes".

Bunk.

You're not going to claim, are you, that $285k is the bottom of the market where they could have bought a home?

[RobRoy]

>>You're not going to claim, are you, that $285k is the bottom of the market where they could have bought a home?<<

I dunno. Where I live the bottom (in simple middle class neighborhoods) is much higher than that.

Well, that is if you want ANY of the windows in your new home intact at the time of purchase. And something other than dirt floors.

But I don't know exactly where these people lived. But the "bottom" can be a pretty dismal and scary place. It sounds like bankruptcy and moving back where they can find work might be in order.

[goldstategop]

There ARE cheaper homes available. But if its in a high crime area, I wouldn't live there even if it was the last home on earth available for purchase. I value my life more than whatever money I might end up saving, which isn't really worth the risk.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus