Foreclosures Ravage Denver's Middle Class

USA Today Via ABC News:

Foreclosures are ripping through the rows of new homes in the flatlands where Denver turns to prairie. Every week, 10 more families here need to find someplace else to live.

Six months behind on their mortgage, Dave Evans and his wife, Suzie, packed the contents of their modest blue house here into a rented truck one day in July. The move came after weeks spent alternately crying and searching in a frenzy for somewhere to go. "At the end, it was so close we could have wound up on the streets," Dave Evans says.

For hundreds of homeowners in this mostly middle-class corner of Denver -- and an estimated 1.2 million more nationwide -- the wave of foreclosures battering U.S. financial markets is quickly unraveling the American dream. Those who have lost homes here describe seeing their lives crumble into anxiety and embarrassment. Many leave for cheap apartments or rooms with relatives, a trend that is tightening the market for affordable housing.

Read the whole story: USA Today Via ABC News

Comments

[gcallaghan]

Again?

[readyforchange]

This is pathetic. I only hope Americans will stop voting AGAINST their own interests. It is time to take back this country and throw our criminal "representatives" in the street.

[vippy]

And that means NO HILLARY!
Gas went up today 10 cents. Watch it bring us onto our knees. Depression folks!

[outnow]

They have a choice to make - support the political proponents of the wedge issues of Guns, Gays and God or keep their homes and jobs. Maybe they should all go up in the hills and become survivalists. The real issues are economic. The rest are diversions from the real truth. Without jobs and homes you can beat your Bible as much as you want but you cannot feed your family. You will not be able ti hunt for a living. Health care will be beyond your reach.

[FreedomCorpse]

very well said outnow. All those other issues you mentioned are exactly that....diversions from reality. Economics is always the real issue and while Americans are foreclosed on...China rises up all due to clinton, bush 1&2 and reagan economics based on an economic quack called Milton Friedman. Republicans who think they are wealthy must have believed that when GW told those people at that fundraiser about "the haves and the have more being his base' he was talking about them....no he was only talking to the people in that room....and they were laughing their butts off at anyone who thought otherwise. Democrats do the same thing with their constituents when they actually only serve the richest and that is none of us but that very, very few scumbags out there where no amount of money will ever fill their greed and avarice.

[truthskr]

Colorado, on a local level, has changed rather significantly in the last 3-4 years. The Republicans held a virtual monopoly on state politics until 2004 when the Gang of Four (four local, extremely wealthy Democrats) funneled millions upon millions into local races to remove the "Guns, Gays, and God" crowd, as much as possible, from the state legislature. Both houses are now Dem controlled, and our Govenor is a very powerful Dem.

Much of the required economic change must occur on the federal level, so Denver, along with the rest of the country, is just waiting with baited breath for the outcome of this election cycle, praying that we (the Democrats) don't somehow manage to throw it, and our very futures, away to McCain.

I live in NW Denver, and the vast majority of the Denver metro area, including Boulder, is staunch Democrat. It is the remainder of the state, including Colorado Springs and the Western Slope, that has, in the past, kept Colorado just another red, square state. I believe that is changing, as does much of the Democratic Party. It is one of the primary reasons Howard Dean pushed so incredibly hard to have the Dem Convention held here in August. He believes, and rightly so, that many of the traditional red-leaning western states are trending Democrat (west coast blue bleeding east with population and tech industry migration) and will continue to do so until they/we are also bastions of the Democratic Party.