Foreclosure Ghost Towns Haunt Nation

Foreclosures have made an impact all over the country, but certain areas, such as Las Vegas (pictured left), have been turned into virtual ghost towns. Bruce Watson of our sister site DailyFinance vividly reports on the human toll these ghost towns have taken.

When pundits discuss homeownership, they often frame the issue in terms of purchases, lending rates, housing starts and other economic data. For the DailyFinance series "Ghost Towns of the Recession," we took a different tack: rather than rely on the numbers, we looked at some neighborhoods where the dream of owning a home has become a nightmare of foreclosures, underwater mortgages and abandoned houses.