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  • 14-05-2020
  • History
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What happened to homes during the Great Depression

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  • 14-05-2020

Answer:

The Depression dealt severe blows to both the construction industry and the homeowner. Between 1929 and 1933, construction of residential property fell 95 percent. Repair expenditures decreased from $50 million to $500,000. In 1932 between 250–275,000 people lost their homes to foreclosure.

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