Sentences with phrase «properties after the housing crisis»
In 2011, the state approved land bank legislation to help communities deal with vacant and abandoned properties after the housing crisis, but until recently the effort lacked the needed funding.
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The couple is living in a rented house after lenders foreclosed on a property they'd borrowed heavily to buy just before the 2008 — 09 financial crisis.
After the housing crisis that began in 2007, jobs went away, household incomes went down, property values went down, and many homeowners became financially unable to stay in their homes.