Ala. tornado didn't drive up foreclosure rates

10/23/2013 | Tuscaloosa News (Ala.), The

Foreclosure rates did not rise in the wake of a devastating tornado that struck Tuscaloosa, Ala., in April 2011, according to a study by University of Alabama researchers. Sociologist Bronwen Lichtenstein and geographer Joseph Weber had expected foreclosure rates to climb due to the storm's impact on poorer communities. In fact, foreclosure rates actually fell by a statistically insignificant margin, perhaps because many of the buildings in the affected area were rental properties.

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