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Forbes Finds "America's Most In-Debt Households"

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Forbes' latest in its never-ending series of top 10 lists trolls for the country's 20 "most in-debt households." California nabs three of the top (bottom?) spots with Oxnard, Sacramento, and Modesto — with Modesto coming in at No. 1. The city's average homeowner equity in June 2004 was $87,405, at 54 percent of property value. Today: $26,350, at 19 percent. The kicker? "Vulture tours" shuttle eager buyers around foreclosure-wrecked neighborhoods to help them find bargains. Yikes. [Forbes]