170k views
5 votes
What happened to homes during the Great Depression

User SWilder
by
5.2k points

1 Answer

4 votes

Answer:

The Depression dealt severe blows to both the construction industry and the homeowner. Between 1929 and 1933, construction of residential property fell 95 percent. Repair expenditures decreased from $50 million to $500,000. In 1932 between 250–275,000 people lost their homes to foreclosure.

Step-by-step explanation:

User Virtuoso
by
6.5k points