If you told someone in a third world country that this is America, they'd say you lie!

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If you told someone in a third world country that this is America, they'd say you lie!

This video is of Chapman Ave in East Cleveland, OH and it is a sign of depravity. The neighborhood was somewhat abandoned when employers closed and moved abroad or to lesser tax states during the GW Bush reign. Unemployment skyrocketed and home owners had to go searching for life in other towns. The place became infested with squatters and addicts of all races.

The question though is: why have the mortgage holders let the town die? One would think that the land has value, so why not adapt to whatever is now working for the town and convert. The answer would be along the lines of selfishness and greed. Each bank or lender probably refuses to join together and make something of the loss, or they collectively decided to let the town die over 10 years and rebuild expensive properties for very low cost and sell high to wealthy investors who may just create a AirBNB neighborhood.

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