Wednesday, April 02, 2008

Pipes Worth More than the House

A recent article by Reuters described how some houses in various parts of the country, including Massachusetts and Ohio, have copper pipes worth more than the value of the house. The situation has gotten so bad that looters are breaking into foreclosed homes, just to steal the pipes. Some houses had to have signs posted saying that they only have PVC pipes, in order to deter intruders.

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