US home foreclosures hit tenants too - 24 October 2008

Posted on October 26, 2008
Filed Under Home Foreclosures |

US home foreclosures have spiked by more than 78 per cent in the third quarter of 2008 but it is not just homeowners who are suffering.

As Al Jazeera’s Kristen Saloomey reports, those who rent are also feeling the effects of the mortgage crisis.

Duration : 0:2:3


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Comments

25 Responses to “US home foreclosures hit tenants too - 24 October 2008”

  1. JAZIBZAH on October 26th, 2008 8:36 am

    and its going to …
    and its going to get much worse…..

  2. BrothersReport on October 26th, 2008 8:36 am

    up to the minute …
    up to the minute Islamic World News!!!
    TheBrothersReoprt com

  3. TVParkdale on October 26th, 2008 8:36 am

    xcusemeprincess:


    xcusemeprincess:

    Your words do not impress me as those of someone who has had any traditional training or acculturation.

    “Iroquois” is not a nation or people. It is the term for a confederacy of nations. No one I have ever met from those nations would claim themselves as, “Iroquois”.

    Since you do not know your nation nor understand any cultural imperatives I suggest you either discover them or we can simply ume you are trolling for some undiscovered reason.

  4. Ariji86 on October 26th, 2008 8:36 am

    That’s one warning …
    That’s one warning by Allah due to the people who disobey Him.

    Allah said, interest is forbidden.

  5. rossyboy1000 on October 26th, 2008 8:36 am

    1000 homes are …
    1000 homes are being reposessed every month in scotland in a country that has a population of 5 million.Everywhere is being hit.

  6. KhmerD0g on October 26th, 2008 8:36 am

    Bush legacy: two …
    Bush legacy: two stalemate wars, hurricanes katrina and ike, unwarrant wire tap, credit crisis, high unemployment, 75% increase in debt, jobs moved oversea, world hate us. what is next? stock market crash? great depression? dollar will become worthless?

  7. oceanbound222 on October 26th, 2008 8:36 am

    The Bush legacy !!! …
    The Bush legacy !!!!!!!

  8. 1diocracy on October 26th, 2008 8:36 am

    You understood …
    You understood nothing. You state that you are ‘Iroquois’, which has nothing to do with either this video or my statement. (and I’ve encountered alot of ‘Iroquois’ who don’t look a bit Iroquois)

    The United States needs to get its act together - quick - on the issue of immigration and poverty. Or it will cease to exist.
    When you are diagnosed with cirrhosis, you don’t buy another bottle of Jack Daniels. (unless you want to end your life quicker)

  9. eventheinnocent on October 26th, 2008 8:36 am

    fuck me. that was …
    me. that was the most poetic comment i have ever seen on you tube

  10. iCandyCatastrophe on October 26th, 2008 8:36 am

    I am Cherokee. I …
    I am Cherokee. I agree.

  11. xcusemeprincess on October 26th, 2008 8:36 am

    I am Iroquois. …
    I am Iroquois. Americans have killed my people and my blood and turned my beautiful land into a place where people like you can thrive. Your statements demonstrate your ignorance and your complete lack of empathy for humans who have suffered so much in the history of this country. Critical thinkers will thrive in the future of this world, and they will come together and drive people like you into irrelevance.

  12. bertmarx on October 26th, 2008 8:36 am

    move with me sweetie
    move with me sweetie

  13. MoralObserver on October 26th, 2008 8:36 am

    Raise the rent?
    Raise the rent?

  14. Toronto2245 on October 26th, 2008 8:36 am

    Yeah.. Lets all get …
    Yeah.. Lets all get outa “his” country, cause soon be on the streets and will be on the news soon,

    Stupid America.

  15. RAPMONSTAR on October 26th, 2008 8:36 am

    you are incorrect …
    you are incorrect in your logic to ume that I am reacting with emotion, and the rest of your arguemants.. you are an untolerant bigot. if you take a look at the divorce rates

  16. peppeddu on October 26th, 2008 8:36 am

    Greenspan’s home …
    Greenspan’s home was financed with a fixed-rate mortgage.
    When someone asked him why he says “I like safety”

  17. 1diocracy on October 26th, 2008 8:36 am

    When a nation has …
    When a nation has growing poverty and joblessness, obviously the solution is to import millions more.

    You are in America because your native land, the land of your blood, is a dump.

  18. xcusemeprincess on October 26th, 2008 8:36 am

    Rofl, nice try …
    Rofl, nice try racist. Get out of my country.

  19. veggielife on October 26th, 2008 8:36 am

    America will turn …
    America will turn into one big ghetto.

  20. 1diocracy on October 26th, 2008 8:36 am

    That you are …
    That you are offended by my post means nothing. You are reacting with emotion rather than logic.

    There are too many people being born, and too many of the low intelligence variety. This is what causes societal breakdown. Look at the illegitimacy rate of African-Americans, for example. Do you think it says nothing of a people when 80% of the children are s?

    People who have no desire to work should not continue reproducing.

  21. RAPMONSTAR on October 26th, 2008 8:36 am

    you are uninformed
    you are uninformed

  22. Energyium on October 26th, 2008 8:36 am

    the rich are …
    the rich are getting richer
    and the poor are getting poorer
    until time comes when everything falls apart

  23. TainaAtheist1 on October 26th, 2008 8:36 am

    To answer your …
    To answer your question, “What are the people who own the buildings and houses doing with all that money they make from rent?”

    They committing grand larceny.

    .

  24. 1diocracy on October 26th, 2008 8:36 am

    The U.S. already …
    The U.S. already has too many people, and keeps importing more. Thus, importing poverty. The country is gradually being transformed from a first world country into a second and third world country.

  25. moonlandingwasfake on October 26th, 2008 8:36 am

    some banks were …
    some banks were giving 110% of the purchase amount at times..when interest rates go up as they have ( and probably go up more again soon ) the owners repayment goes up so much that even a rent increase will not make up the shortfall….

    It is Global though ( in the developed world that is )not just US , Europe , Australia etc are all affected.
    Just a financial adjustment, give it a few years and we will be ok again!

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