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Foreclosures are not just yesterday’s headlines but today’s continuing nightmare. The real estate shakeout continues and with it, growing problems for mayors of cities big and small who have to oversee abandoned properties and neighborhoods now beset with crime, squatters, drug sales, waste, abandonment, disarray and shrinking tax rolls.
Foreclosures are not just yesterday’s headlines but today’s continuing nightmare. The real estate shakeout continues and with it, growing problems for mayors of cities big and small who have to oversee abandoned properties and neighborhoods now beset with crime, squatters, drug sales, waste, abandonment, disarray and shrinking tax rolls. Miami Mayor Manny Diaz, President, United States Conference of Mayors