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The House that Came in the Mail
99% Invisible
Sears Foreclosed on a Home in the Great Depression
Sears had made sure their mortgage policy was like everything else in their catalog, obtainable. In the roaring twenties, when interest rates were low and liquidity high, it wasn't a problem. When the Great Depression hit, things got ugly fast. The company ended up foreclosing on tens of thousands of its very own customers.
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