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Old 04-07-2008, 02:18 PM   #11 (permalink)
ibex
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Quote:
Originally Posted by Quirkygal View Post
Title
Some Homes Worth Less Than Their Copper Pipes

Link
Some homes worth less than their copper pipes | U.S. | Reuters
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Excerpt

"Shards of broken glass outside the basement window of 31 Vine Street hint at the destruction inside the three-story home.

Thieves smashed the window to break in and then gutted the property for its copper pipes -- a crime that has spread across the United States as the economy slows and foreclosed homes stand empty and vulnerable."

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Comment:

A sign of a "rough patch," I'd say...
Saw this just last week. This will have a ripple effect of driving down whole neighborhoods and small towns. Brockton, the city in the article was a town already on shaky economic ground. I work for a commercial real estate company and this theft is a problem in functioning buildings as well, although the copper and other metals that get stolen from us tend to be from exposed sources such as HVAC units.
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