A Student of History

May 13, 2008

Disturbing sign of the times

Filed under: The world today — John Maass @ 5:54 am

Auctioneers across the United States are conducting sales at self-storage facilities, selling off the contents of units belonging to people who have fallen behind with their payments.

Thousands of Americans have lost their homes in the sub-prime mortgage meltdown and many have turned to putting their belongings in storage ready for a day when they could buy another home.


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