Why has the MSM done such a lousy job getting out the basic facts for
starters...  Second, these fact do alter how the housing crisis should
be viewed and dealt with...  40% of the population has 70% of the
foreclosures...

http://www.usnews.com/blogs/barone/2009/2/20/foreclosures-are-a-regional-not-a-national-problem--half-are-in-four-states.html#read_more

>>> Yes, I admit there is a certain spurious precision to these numbers. But 
>>> the aggregates are about right. Just over half of national foreclosures 
>>> were in the four Sand States. Another fifth were in the mixed bag of 
>>> fast-growth/industrial-distress/high-Hispanic states that approximate the 
>>> national average. The other 38 states, with 60 percent of the nation's 
>>> population, have only about 30 percent of the foreclosures
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