Horses and the Housing Crisis
A few years ago we lived in Arizona during the height of the big real estate boom. We saw the price of houses in our neighborhood jump from $150k to over $300k and the desert all around Phoenix developed. It seemed even the least attractive homes in the worst neighborhoods were suddenly very expensive. I couldn’t figure out where all the money was coming from. How could people making $40k a year afford a $300k house in need of a new roof? Years later we have our answer and the “housing crisis” continues. I feel bad for those who had to pay twice what homes were worth, only to have their mortgage payments skyrocket and the value of their houses plummet. But I hadn’t even considered the impact this might have on horses in Arizona until I read an article a few days ago on azcentral.com (the website of the Arizona Republic newspaper).
Though I’m not a fan of E.J. Montini’s controversial political views, his column post “Abandoning houses, horses and history” was well written and eye-opening. Mr. Montini interviewed Holly Marino of the non-profit Horse Rescue of North Scottsdale and discovered that people in the Phoenix area are dropping off and abandoning their horses at an increasing rate. When people can’t pay their mortgages, they can’t pay to feed or board horses. The rescue went from having around a dozen horses to having 60…SIXTY. I know what it costs to feed and maintain three horses but I can’t imagine sixty. They’re struggling to find a way to pay the expenses while looking for good homes for the horses.
The impact of the huge increase in bankruptcies and foreclosures in Arizona extends beyond people to their pets, including horses. I’ll guess it’s a problem in other previously-hot housing markets like Southern California and Florida. It’s sad for the horses and sad for the people, many of whom are probably as close to their horses as we are to ours.
I’ll be traveling to Arizona in the next few months and will try to stop by the Horse Rescue of North Scottsdale to talk with Ms. Marino about it some more.
If you’re close by and would like to help, visit their website (they have a very nice website) for more information. They’re in need of blankets, hay, feed, money and more. Even a small donation of $10 can buy a bag of feed. If you’re not close by, consider helping out your local horse rescue. The housing crisis is impacting communities around the U.S. Most rescues are non-profit and in need of financial and/or physical help.