TimC Posted April 24, 2009 Share Posted April 24, 2009 Ramsey quoted an interesting stat last night: 60% of the foreclosures were in 5 states. 50% were in 35 counties. Interesting. I tend to believe it. A few places were absolutely insane the past decade. I'd love a breakdown. Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted April 24, 2009 Share Posted April 24, 2009 That is incredible. The five states are??? AZ, CA, NV, FL and either OH or MI, I'm guessing? The first four are favorites. What about NY? Quote Link to comment Share on other sites More sharing options...
KevinL Posted April 24, 2009 Share Posted April 24, 2009 That is incredible. The five states are??? AZ, CA, NV, FL and either OH or MI, I'm guessing? Article (not Ramsey) CA FL AZ NV IL Quote Link to comment Share on other sites More sharing options...
bpwallace49 Posted April 24, 2009 Share Posted April 24, 2009 I live in IL and see how many people are leveraged up to their eyeballs in debt, and ARM mortages were all the rage in the suburbs . . . Quote Link to comment Share on other sites More sharing options...
KevinL Posted April 25, 2009 Share Posted April 25, 2009 I took alot of notes during the townhall and have just posted them on my blog, if anybody cares. Ramsey's typical message is simple, he did expand, sharing his opinion on the general state of the economy last night. Of course he is as much an entertainer as an advisor with lines like "My salesman is on total commission, I told him his raise would be effective when he is." Quote Link to comment Share on other sites More sharing options...
bushwacked Posted April 25, 2009 Share Posted April 25, 2009 Ramsey does seem to have a religious like following. Quote Link to comment Share on other sites More sharing options...
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