Yahoo! has a story titled America’s Abandoned Cities. And guess who comes in #1? That’s right, Kansas City! I hadn’t realized that the streets were so empty! 🙂
Seriously, I don’t doubt their numbers at all. But I will say I’m almost 100% positive that the bulk of the vacancies on rental properties and home-owner foreclosures alike are mainly in 3 different zip codes.
There are a increased vacancies in a lot of areas surrounding those 3 zip codes. A true 5% vacancy neighborhood is not too hard to find. But it’s not all that bad in the key suburbs. That’s until you get out on the fringe/new-growth cities. There vacancies climb back up a bit.