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The Foreclosure SlumpEssay Preview: The Foreclosure SlumpReport this essayThe Foreclosure SlumpThe rich get richer and the poor get poorer. The banks, mortgage companies and investors, among others, reaped the benefits of the housing boom and the low interest rates, while lower income families suffered the consequences. For example, in Charlotte the numbers of the less.
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First Time Home BuyersFuture Real Estate MarketLow Interest RatesMortgage Companies