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During the Depression foreclosure rates skyrocketed. What was the main cause?
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During the Depression foreclosure rates skyrocketed. What was the main cause?

User Florian Ludewig
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2 Answers

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Thousands of Americans lost their jobs, and all of their money that was in the bank, meaning that they were all unable to pay their mortgages resulting in foreclosure.
User Shaofei Cheng
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5 votes
Less people had jobs, so they couldn't keep up with the mortgage.
User Krosan
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