1. dailynews

Students from University of California, Merced, are using foreclosed luxury homes for housing

Nov. 14, 2011
City ranks third nationally in metropolitan-area home foreclosures

From The New York Times: A student housing shortage combined with a high rate of home foreclosures in Merced, Calif., have resulted in many students from the University of California, Merced, moving into hundreds of luxurious homes in overbuilt planned communities.

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