Question

During the Depression foreclosure rates skyrocketed. What was the main cause?

Answer 1

Did you even... Pay attention in class when the Great Depression was discussed.

Answer 2

"Lack of money" is very basic knowledge that most surely you were taught during whatever lesson you were supposed to be participating in on this era of history.

Answer 3

With the economy flat-lining banks had to find a way to rake back in money so they increased the interest rates. Since people were limited jobs in that time they were unable to pay off their mortgages.