These figures are important because an investor is far more likely to walk away from a property that is underwater and not generating income than what would be expected from an owner-occupied property.
Tuesday, January 6, 2009
The states with the highest rates of non-owner occupied sub-prime housing.
The states with the highest rates of non-owner occupied sub-prime housing in the United States are Washington DC, Hawaii, Ohio, Indiana, Georgia, North Carolina, Florida, Michigan and Wisconsin.
These figures are important because an investor is far more likely to walk away from a property that is underwater and not generating income than what would be expected from an owner-occupied property.
These figures are important because an investor is far more likely to walk away from a property that is underwater and not generating income than what would be expected from an owner-occupied property.
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