You know – the folks who bought a house that required driving just to pick up a loaf of bread made a number of mistakes. Vaulted ceilings? Non-native landscaping? The garage takes up more than half of the front of the home? At least a 45-minute drive from the city center? Those clowns made mistake after mistake buying homes there. Tack onto that list of ignored facts of life a zero-down mortgage you’re talking about a huge population that can’t read maps, do basic math, or judge distances.

For example,
“Nearly three million homes have foreclosed in the last three years.”

I’ll assume this is fact, but what is the source and what is the number? And how many were in the suburbs?

Or,
“Blame variable interest rates, sub-prime mortgages, and suburban sprawl.”

How about we blame the people who didn’t plan ahead or don’t understand simple financial concepts or just had some unforeseen consequences to other decisions? Let’s put responsibility on those who made the decisions and not on some “not-in-our-control” system like banks and mortgage brokers.

And what is your definition of suburb? More than 1 mile, 5 miles, 10 miles, 30 miles outside of the city center? Outside the city limits?

And that was only the first paragraph….the rest of the article is much more of the same.

Love the attitude…but as a piece of journalism, its an F.

If you’re just trying to incite the “droves”, I’ll give you an A-.