Casas en Venta en Jackson

Foreclosures together with other factors have changed forever the complexion of local economies in USA. A city does not cease to exist when even its last resident goes off. Death takes place when the municipalities lose the local industries and the important segments of the population that mattered to the cities.
Since the middle of last 20th century great changes have been taking place in many of the cities. The biggest and most living of these have collapsed. Some have seen the exiting of more than half the population. Others have seen the downing of business shutters – enterprises that made them financial, manufacturing and commercial centres.

A list has been compiled of ten cities that have died that had once been throbbing with activity. One such city is New Orleans. It had started to stutter from 1970 and this was speeded up by the dreaded Hurricane Katrina.
There are three basic reasons for this. Japan coming up with less costly manufactured products destroyed the industry of cities as they failed to compete internationally. The policy of the Federal Government as regards business was a second reason for the downfall of many cities. The third reason is the labour movement and its strident call of higher pay that led to the increase in manufacturing costs in many cities.

According to the Census Bureau Detroit had a population of 1.9 million in 1950 – it being then ranking among the fifth big cities of the nation. In 2000 the number had dropped to 951,000. In 2007 Detroit was not included among the ten top cities of America.

The Census figures indicated that the population shifted to cities that were not thought to be large in 1950. Mostly these places were located in southern USA that saw an influx of retirees who were followed by the work force. This led to cities like San Diego, Phoenix as well as San Antonio move up the ranks.
An MIT research focused on the 150 cities of America that has been forgotten. The municipalities were modest in size and were ranked taking into account poverty. The reason behind their decay is more or less similar to those that pulled down the big cities. The research team of MIT went beyond just figures and statistics to conclude that some of them will never ever again regain their former status. With the tax base having gone the local administration lacks the funds to bring about revitalization. The empty areas are riddled with crime that deters any attempts at relocation. This in turn has conjured up a picture of these cities as deserted urbanscapes.


John Lassar, has been working on ForeclosureRepos.com studying the foreclosures market, helping buyers on the finer points of repo homes for sale.