Renters are victims in some foreclosures
Decaying apartments lack maintenance
Posted: November 23, 2009 at 5:31 a.m.
A new wave of foreclosures stands to hurt people who may have never taken out a mortgage: renters. In cities such as New York, Chicago and Los Angeles, where many investors are carrying upside-down mortgages on large rental buildings, some tenants are watching their homes fall apart along with the financing.
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Front Section, Pages 1 on 11/23/2009
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