Florida's Fearsome Foreclosure Funk

The misery of MichiCaliFlArivada continues. As I've written before, the recession in the United States of America is nothing compared to the recession of the united states of Michigan, California, Florida, Arizona and Nevada. Via Ezra Klein, I see more graphs comparing godawful categories like bank card delinquencies and foreclosures. Again, MICA wins (loses) the day and Florida is just killing in the foreclosure sweepstakes.



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mica4.png mica3.png


The real story in that last graph is Florida, whose foreclosure per 1000 housing units is scratching at 8 percent while no other state is even at four.

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Derek Thompson is a senior editor at The Atlantic, where he writes about economics, labor markets, and the entertainment business.

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