Thursday, July 7, 2011

Did you Ever Wonder...

...what it costs to own 150,000 foreclosed homes?  I mean, think about it.  That's a lot of upkeep.  The mowing alone...
Say only half of the homes have lawns, a conservative estimate, that's still more than 75,000 lawns.

  • 153,000/2
  • X 6 (a six-month grass-clipping season)
  • X 2 (mowing twice a month)
  • X $40 (a reasonable guess at how much it costs to mow a lawn)
  • = $36.7 million

Again, this is very rough estimate, but that's a whole lot of money to spend on lawn care.

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