Breaking out the data state-by-state, we can see that the Pareto Principle holds: 80 percent of the bank repossessions last month came from 20 percent of the states in the union.
It seems like this data is a little skewed as the 20% states just happen to be the 20% most populated for the most part. Wouldn't it be better if it showed foreclosures per capita or even better foreclosures per number of homeowners in each state.
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It seems like this data is a little skewed as the 20% states just happen to be the 20% most populated for the most part. Wouldn't it be better if it showed foreclosures per capita or even better foreclosures per number of homeowners in each state.
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