People skipping out on their mortgages.

This is what I would refer to as "news withing news". Now I'm sure that most of us are aware that there is a recession going on, and there are alot of Foreclosures going on. That's already been reported and it's a known issue.

The other day I ran into a Reuters article about city authorities putting Mosquito-Eating Fish into the swimming pools in people back yards to cut down on the number of breeding pools for the little biters.

But what struck my eye was the idea that people are abandoning their homes because they cannot meet the financial obligations of the mortgage. That's the part I thought was "news within news" because I had not heard about that aspect yet.


Reuters
Mosquito-eating fish thrive in foreclosed pools
Thu Jun 12, 2008 5:24pm EDT
-------quote------------
In the first three months of the year, 17,214 homes in Maricopa County were offered for foreclosure sales, a more than three-fold rise on the previous year......

In addition, an unknown number of local homes were simply abandoned as the owners skipped out on their spiraling debts, many leaving untreated backyard pools to stagnate, local authorities say.
-------end quote--------


The story about the fishies can also be read at this link, but it doesn't include the speculation about people skipping out on their homes.
Foreclosed Homes Becoming Breeding Ground for Mosquitoes, West Nile Virus
POSTED: Monday, June 09, 2008

have a nice day