The situation isn’t fixing itself. last night we saw g bush and 2 candidates for his succession reunited at the white house but don’t yet know if the 700B safety plan for the banks will be “unblocked” or not. A crisis that has once again made a victim, and not just any, last night the closure of financial group Washington Mutual,the leading savings group in the US, more than 2.5 million americans have already lost their homes. In detroit one of the cities the most affected, Guillaume Dubré ? and Nathalia Mendoza?:
It was her dream home, a little [?house type I think?] in a popular neighbourhood. When she bought it 15 years ago she thought she’d finish her days there, but today, with her daughter, she’s packing her bags.
“Put everything in the boxes, and don’t forget anything”
4 years ago her daughter fell ill, fearing the medical bills and her future? she took a risk that she can no longer repay. The bank has seized her house.
“It’s very sad. In the mean time we will go to a motel - we have to leave in 15 days”
They are among millions to have been evicted; in this city, 1 house in 23 is abandonned or on the edge of it - a crisis, that for this realtor, is far from being over.
“It’s like an octopus, it’s tentacles spread out everywhere. Look, 1,2,3… on 5 houses, 4 are abandonned.”
As soon as the tenants/owners are evicted, squatters take possession and within a few hours take all they can.
“see? They have left only the plastic. the sink, the water heater, even the copper plumbing has disappeared.”
Even the rich neighbourhoods are now being affected. In the historic centre, the average values have dropped by half, and those who remain are prisoners, unable to sell their homes. To protect themselves, they have even hired a security company to patrol the area day and night; a presence that reassures this mother with a family, who has lived through the slow descent into hell of her neightbourhood.
“At first it was difficult to believe, that even here people were losing their homes. But is has become reality and now we don’t have any choice but to try and help each other”
The crisis currently touches all sectors of the american economy, to the point that a month and a half before the presidential election, it has become the number one issue for american voters.