Throughout the U.S. and the world, foreclosures are affected everyone who owns or even rents a house. According to experts, even people who keep up with their rent bills and pay everything on time sometimes end up in the downward spiral of foreclosure and debt. One woman Maria Stephens went from earning 80,000 dollars a year and paying $1800 on rent a month to ending up in an emergency shelter with her 2 year old son. In the US, 40% of renters are currently facing foreclosure increasing the number of people homeless and putting the economy in an even bigger crisis. To solve this problem president Obama is giving $1 billion to the National Housing Trust Fund, this organization builds and preserves low-income housing. The foreclosure slump has led to people like Stephens having a different view of life. From now on people no longer take advantage of the little things in life and staying together as a family unit is the most important thing.
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