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May 5, 2009
Here on this blog, there's a lot of talk about waste: How not to waste food, old electronics, energy, and more. But this story about waste may be the most egregious - a bank has decided to demolish new homes in Victorville, Calif. because it was cheaper than selling them in this market. As my colleague Luke Mullins pointed out, it's a sign of just how bad the housing market has gotten. It's also a troubling example of our American culture of disposability.
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