Despite predictions by a broad spectrum of economists and Obama Administration officials that improvements in the housing sector are imminent, signs on the street indicate otherwise.  A dramatic increase in pet homes foreclosures in the past two months stunned experts. Trends indicate the market may be more mired than many had hoped. Dogloos, cages and cat scratch towers litter sidewalks and back alleys lately as owners and lenders reclaim these domiciles from cash-strapped pets.

Martin VanKeuren, head of the California SPCA admits, “It’s a dog eat dogloo world out there.”

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Tags: pets