For most people, the housing crisis of 2008 is still a recent and painful memory of precisely how damaging a housing crisis can be. When housing markets aren’t working, it makes it much harder for people to invest in their future and build a home for their families.
For many American cities, there are now some troubling signs that they could be in danger of a housing crisis striking in the future, according to a study from GOBankingRates. The study took a look at things like the percentage of mortgages that have negative equity — meaning the home is ultimately worth less than the total cost of the mortgage, also referred to as being “underwater” on the mortgage — along with vacancy and delinquency rates, scoring each category to come up with a final ranking.
Click through to see if your city is in danger of a housing crisis.
This article originally appeared on GOBankingRates.com: Cities in Danger of a Housing Crisis — Is Yours on the List?