a. , and Merced, Calif. , are among the top five riskiest spots for homeowners, ranking second, third and fifth, respectively. California and Florida areas dominate the list, taking up almost three - quarters of the 25 spots. What is the reason that people don’t want to buy homes in some parts of California. Florida and the upper Midwest They are very likely to lose money. People don’t have money to buy homes. These places are not covered in the stimulus package. Homes are too expensive in these places.
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