St. Louis Public Radio News
Foreclosures hit St. Louis investment properties
But, its not just individual families who are defaulting on loans they can't afford.
More and more, communities point to overextended real estate speculators as compounding the issues of vacant housing stock and eroding tax revenue.
KWMU's Adam Allington has the story.
© Copyright 2013, St. Louis Public Radio
(2008-05-01)
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ST. LOUIS, MO
(St. Louis Public Radio) -
There are over 7,000 properties currently in foreclosure in St. Louis County alone.null
But, its not just individual families who are defaulting on loans they can't afford.
More and more, communities point to overextended real estate speculators as compounding the issues of vacant housing stock and eroding tax revenue.
KWMU's Adam Allington has the story.
© Copyright 2013, St. Louis Public Radio

