Now follow my reasoning here if you would...

Last year we had 2.5 million homes foreclosed... this year we have some 3.5 million...
when you figure the adverge American family is mom dad and 2.5 kids that comes out to 27 million homeless... not counting the 15.5 million unemployed who lost jobs as well...

we know they didn't just move into apartments because another recent report says vacancies are at an all time high...

you would think 27 million homeless would be quite noticeable?
to put that number in perspective Mexico City has a population of 19.2 million... the population of Los Angeles County is just under 10 million...in 2007 New york city was listed at 8,274,527

Even if we cut that number in half.. say half just moved in with friends and family that's still Leaves over 13 million... to be fair lets cut that number in half again... 6.5 millom is still a lot of folks, mostly childrent too

SO where did they all go???


[edit on 3-11-2009 by DaddyBare]

we know they didn't just move into apartments because another recent report says vacancies are at an all time high...

In order to determine that, we'd have to know the total housing available in the United States.

For example, here in Taiwan there's also a high vacancy rate. However, there are more housing available than the actual population of Taiwan.

The reason is many rich Chinese (from the mainland) buy houses/apartments here in order to spread out their investments. Results: A lot of empty apartments/houses - A housing bubble.

I could easily see this being a possibility in the United States.

[edit on 3/11/09 by ConspiracyNut23]

Originally posted by DaddyBare

Someones hiding something big...

Soylent Green? :-)

Originally posted by randyvs

They should all move into The White House.

I like it. Seriously.

A march en mass with several million people and 'move in' into the White House and other public buildings might just be the shock factor this country needs to wake up and smell the bovine excrement.

I believe a good majority would go to live withfamily or friends. If you think about it not all households had mom dad and 2.5 kids. Alot could be couples without kids , or kids grown and moved away. Some would be singles just living alone. If I had family or good friends I really cared about, and knew they were in need due to no fault of thier own I would have no problem letting them live with me.
And here in Atl Ga when you watch the news it shows homeless shelters. And they are filled to capacity, and some are familys. Sad times we are currently living in.

ever listen to "the ghost of tom joad" by rage against the machine? you should go download it right now. talks about everything mentioned in this thread, very disturbing how the large amount of homeless go unnoticed. Goes to figure though...that it wouldn't be covered by the MSM. But yeah, go listen to that song!

Yeah, I am sure alot of them are living in tent cities. Probably in more arid climates. Did you hear about the sheriff in Arizona who made a Tent City Jail in Phoenix Arizona (now holds 2,000 inmates.)

I don't know, it always kinda freaked me out that people can go missing and no one know
I wonder if th is year will show more missing people. That fact that 100,000 people can disappear every yea (Just the ones they don't find) is amazing and scary.
statistics from the FBI:

As of December 31, 2008, there were 102,764 active missing person records in NCIC. Juveniles under the age of 18 account for 51,054 (49.7 percent) of the records and 12,648 (12.3 percent) were for juveniles between the ages of 18 and 20.*

The press do not cover the story, so people do not know or care. Apathy really rules the human nest in the 21st century.

I think one of the major problems that we developed during the housing bubble was the concept of buying real estate as a property investment. Here in New York, for example, we saw rampant and immediate growth in areas that once were considered industrial and "the wrong side of the track". There were new condos springing up right and left, the thing is, not many people were living in them.

People were under the assumption that buying a million dollar condo and holding it as a solid investment would produce a profit in a short period of time. Some also bought the property as an investment and decided to rent it out. Well, it doesn't take an economist to see that when there is an over abundance of property the concept of real estate as an investment begins to loose it's power. This is the same for the idea of "flipping a house", buying a cheap house, renovating it and charging much more for it.

Basically, it was a bubble because the prices on all these properties were over inflated and were created on speculation. For example, this condo in Brooklyn is a half a million dollars simply because someone decided this is a "high end" property and they felt they could get that much for it, however, there was no solid reason why it should cost that much. As more condo buildings are built there are more condos on the market, this creates competition and will generally drive buyers to the lowest price range.

Ok, so what I'm saying here is that many of the places that have been foreclosed on weren't primary residences, they were secondary residences, investment properties and rental properties that people could no longer afford once the bubble of falsely high speculative prices imploded.

I also believe that population has been somewhat consolidated as many properties were owned or occupied by an individual who may have moved in with friends or family once the bubble burst and their paychecks got smaller. I don't think you can label every household as holding a "typical family" of 2 parents and 2.5 kids.

If it makes you feel any better, though, there are still plenty of homeless people here in New York City.

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Hey, maybe they all sneaked to Canada for a chance at the good life and to live as illegal hypocrites.