I stumbled upon this crazy fact. It's tragic that it has to be this way :(
“Since 2007, banks have foreclosed around eight million homes. It is estimated that another eight to ten million homes will be foreclosed before the financial crisis is over. This approach to resolving one part of the financial crisis means many, many families are living without adequate and secure housing. In addition, approximately 3.5 million people in the U.S. are homeless, many of them veterans. It is worth noting that, at the same time, there are 18.5 million vacant homes in the country.”
Source: Mintpressnews
These facts always amaze me
Me too, I'm sure there are ways to solve these problems by incentivising banks and governments.