BUSINESS
04/17/2010 05:12 am ET Updated May 25, 2011

Elkhart, Ind.: How One Town Relies On The Government's Enormous Support For The Housing Market

More than one in 10 mortgage holders in Elkhart is seriously behind on payments. The median sales price has plunged to the level of a decade ago. Many homeowners owe more than their home is worth, freezing them in place for years. Foreclosures recently hit a record.

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