St. Charles – Living St. Louis Video

Living St. Louis Producer Patrick Murphy visits the St. Charles community, which was until recently, a boom area for building and selling houses. Now, St. Charles is experiencing a rising number of foreclosures—leaving hundreds of new homes vacant. Murphy speaks with Developer Tom Hughes and County Executive Steve Ehlmann about the ripple effect that the mortgage crisis is causing throughout the area, and how the elements of this ripple effect are becoming a detriment to the home developing industry.


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