Foreclosure Black Book » homelessness http://www.foreclosureblackbook.com Cashing In or Just Saving Your Home Thu, 29 Jul 2010 01:44:31 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Foreclosure is Becoming An Increasing Cause for Homelessness http://www.foreclosureblackbook.com/foreclosure-is-becoming-an-increasing-cause-for-homelessness/ http://www.foreclosureblackbook.com/foreclosure-is-becoming-an-increasing-cause-for-homelessness/#comments Thu, 29 Oct 2009 17:26:48 +0000 admin http://www.foreclosureblackbook.com/?p=127 There was a time when we heard of people who were homeless, it was usually caused by bad choices in the victims’ early life. Those choices were usually:

  • Becoming drug addicted
  • Dropping out of School
  • Going to jail and therefore becoming unable to get a job

It is also caused by a situation that is out of the victims’ control such as losing a job and therefore not having any income to maintain a home or apartment.

Today, because we are in this recession and  foreclosures are at an all time high, unemployment and other factors are now causing people, who were typically “by the book” and “good hard working people”, to make up a large number in homelessness.

Check out this story of a woman in Cleveland who, too, was once a hardworking homeowner and now has found herself waking up in homeless shelter.

http://www.nytimes.com/2009/10/19/business/economy/19foreclosed.html?_r=2

Unfortunately, this story is being felt around the entire USA.

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