If your neighbor forecloses on their house and it sits empty, that depresses the property value for everyone around it 
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Democratic presidential nominee Senator Barack Obama (D-IL) speaks during a campaign rally in the rain at the University of Mary Washington in Fredericksburg, Virginia, September 27, 2008.
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BANGKOK, THAILAND - AUGUST 30: A member of Anti-government People's Alliance for Democracy (PAD) stands behind barbed wire outside Government on August 30, 2008, in Bangkok, Thailand. The protesters want to unseat the seven-month old coalition government lead by Prime Minister Samak Sundaravej.
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Georgian soldiers run near a blazing building after a Russian bombardment in Gori, 80 km (50 miles) from Tbilisi, August 9, 2008. A Russian warplane dropped a bomb on an apartment block in the Georgian town of Gori on Saturday, killing at least 5 people, a Reuters reporter said. The bomb hit the five-story building in Gori close to Georgia's embattled breakaway province of South Ossetia when Russian warplanes carried out a raid against military targets around the town.
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Bangladesh cricketers Mohammad Ashraful, left, and Tamim Iqbal celebrate the dismissal of New Zealand batsman Jamie How, unseen, during their second one-day international cricket match in Dhaka, Bangladesh, Saturday, Oct. 11, 2008.
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North Korean leader Kim Jong-il (R) visits a military unit at an undisclosed location in North Korea in this recent picture released by North Korea's official television network KRT and grabbed by South Korea's Yonhap October 11, 2008. North Korea's state TV broadcast pictures of Kim on Saturday as the reclusive country stepped up its campaign to show its leader was healthy after reports surfaced last month he may have suffered a stroke.
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ST. PETERSBURG, FL - OCTOBER 10: Pitcher Justin Masterson #63 of the Boston Red Sox celebrates with teammates after the double play that ended the eighth inning of game one of the American League Championship Series against the Tampa Bay Rays during the 2008 MLB playoffs at Tropicana Field on October 10, 2008 in St. Petersburg, Florida. The Red Sox defeated the Devil Rays 2-0 to take a 1-0 series lead.
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Russian Prime Minister Vladimir Putin speaks at a meeting with Russia's Communist Party in Moscow, Thursday, Oct. 9, 2008. Vladimir Putin said Thursday the wide-ranging financial crisis has irreparably damaged the image of the U.S. as the leader of the free world and the global economy.
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Russian Prime Minister Vladimir Putin smiles as he poses with a tiger cub on October 10, 2008 which was presented to him on his bithday on October 7, in Novo-Ogaryovo residence outside Moscow.
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U.S. Republican presidential nominee Senator John McCain (R-AZ) listens to questions from supporters as his vice presidential running mate Alaska Governor Sarah Palin (R) looks on during a town hall meeting in Waukesha, Wisconsin October 9, 2008.
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Director Ridley Scott and girlfriend Giannina Facio attend the world premiere of 'Body Of Lies' at the Rose Hall Theater on Sunday, Oct. 5, 2008 in New York.
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If your neighbor forecloses on their house and it sits empty, that depresses the property value for everyone around it
said Kil Huh
