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Monday, December 12, 2011

Government Tells Us What We Already Know: We Have More Vacant Houses

Posted By on Mon, Dec 12, 2011 at 2:30 PM

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The number of vacant houses in Cleveland nearly doubled between 2000 and 2010, according to a new Government Accountability Office report. Of course, any astute Clevelander doesn’t need a report to tell them that housing vacancies went from 11 to 19 percent —all one has to do is drive around to see that.

The GAO also pegs Ohio as having the tenth biggest increase in vacant housing in the country during the past decade—a jump of 50 percent, the Dayton Daily News reports. More grim news for Ohio: it ranked eighth in the nation for the percentage of home loans in foreclosure and 18th in unemployment rate.

But all this data is from a whole year ago and throughout 2011 we’ve been told the economy is recovering. So things must be looking up now, right?

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