Poster Child for Housing Crisis: 'They Were Building Mortgages' in Arizona Town

People are forced to leave nearly every day. Stuck in the middle are families like Brad and Sarah Milnes and their infant daughter Hannah. They recently bought a new house in Phoenix, but they have been unable to sell their home in Maricopa. And Brad, who used to sell houses here in the days when they sold themselves, has been laid off for lack of business.

"We don't want to give this house back for a hundred thousand less than we paid for it," Milnes said, but plenty of people have done just that. He has seen former customers and neighbors just disappear.

Civic leaders are worried that Maricopa will have the reputation of a ghost town with tumble weeds blowing down Main Street. Thousands of people still live there and go to schools. But Maricopa's promise has been delayed, possibly by years.

"Maricopa is still a great place to build," said mayor Anderson. "It's a great place to live, work, play, and learn."

And right now, houses are really, really cheap.

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