Nevada is #1 (housing buble news)

[AlexR]

http://www.nuwireinvestor.com/articles/strategic-defaults-are-endangering-the-real-estate-market-55249.aspx?source=patrick.net

Nevada is #1, for having negative equity a jaw dropping 70% of Nevada mortgages have negative equity

the chartsays home owners, but i'm pretty sure its excludes home owners who do not have a mortgage. other wise holy ****ing ****

[Dean]

Blame it on LV. the flippers and speculators went crazy down there.

[Kevin M]

Probably has something to do with our massive unemployment and massive drops in gaming revenues. Well, that and Nevadans being no less savvy than anywhere else.