The crashing Housing Market is not only affecting Americans all across the nation, but it is starting to take a toll on their pets as well. People who are in the midst of foreclosure often do not think of all of the consequences of losing their home. Many are forced to move from their homes, and as a result, they no longer have a big enough space to care for a pet, or move into a building that do not allow pets. This is causing many pet owners to have to put their pets up for adoption or give them away to shelters. Many pet owners with large dogs can no longer keep them because they don’t have anywhere for them to play and get exercise because they have lost their large yard in which they used to live. It is unfortunate for not only the homeowners, but the poor pets who lose their families. Many animal shelters all over the country have seen an apparent increase in the amount of animals who have been given up during this recent downturn of the housing market. Employees of the animal shelters are hoping that this will not be a ongoing occurrence and that once the housing market makes a turn around that some of the pets will be adopted and taken into loving homes.

The city of Los Angeles, CA is recently struggling more than ever with the housing market and dealing with the sky high foreclosure rate of up to 300 percent. The state of California is supposed to receive up to $1.2 billion in federal housing aid; the amount going to help the Los Angeles region is still unclear. The Los Angeles Housing department states that the housing market is the worst that it has been in years. Once the numbers are released of how much of the funding LA will receive, city councils state that they will immediately begin working on ways in order to help the community with the foreclosure problems.

Buddy Johnson, the Elections Supervisor of Hillsborough, FL is facing foreclosure on his condo in Sarasota. Johnson has reportedly missed his mortgage payments to Countrywide Home Loans Servicing since January and now owes the company up to $378,785, not including interests and other added on expenses. Johnson states that he has a contract with Countrywide to sell the condo and that it “will be resolved favorably for me and Countrywide and that the property will sell in the next few weeks.” Looks like the people of Hillsborough might be extra careful in trusting Johnson with managing their votes in the next election…