The Real Deal New York

Subprime crisis leaves vacant homes open to squatters 

February 18, 2008 09:29AM

Squatters and drug dealers are moving into homes left vacant by the subprime crisis. In Cleveland
and its suburbs, there are more vacant homes than homeless people. In
Queens, the problem of vacant homes has grown as foreclosures have
skyrocketed in Jamaica, South Ozone Park and Rochdale.

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