November 25, 2016
From Tom Adams for mathbabe.org:
The first map is from RealtyTrac, and indicates the states with the largest foreclosure inventory in 2012. The second is a map of the key battleground states. In 2008 and 2012, Obama won these states. In 2016 Clinton lost them. There’s a lot of similarities between those two maps.
Even in the best economic environment, residential mortgage foreclosure is a long, messy process. The massive wave of foreclosures that hit these regions after the financial crisis had enormous consequences economically. They also had a tremendous, painful impact on the families and neighborhoods of the people affected, directly and indirectly by the foreclosures.