I figured my state (Florida) would be in the bottom five. We weren't, but damn close. I see that Mississippi, Alabama, Michigan and Louisiana beat us, but we did nudge out South Carolina!!!
True, we do have more than our share of foreclosures. You can thank lenders who gave anyone with fifty cents in their pocket a mortgage they couldn't afford (along with saddling them with ARMs). There are currently several developments in Orlando's exurbs that look like war zones. Even the well known Celebration area near Walt Disney World looks a little ragged now.
Jeb Bush left us with a huge budget deficit (it runs in the Bush family, you know) and the current occupant of the Governor's chair, Toxic Ricky, isn't concerned about cutting it---just things like infrastructure, education, and the safety net millions of Florida Seniors count on....
It's funny, but some former co-workers of mine down in South Florida blame us here in Central Florida for bringing the state down. However, in Central Florida we point fingers to those living in North Florida!!