---
title: "Bank foreclosures surge a staggering 45 per cent in chilling echo of 2008 crisis"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283131264.md"
description: "The cost of living, made all the worse by geopolitics, has meant banks are foreclosing on people's homes at a terrifying rate"
datetime: "2026-04-17T10:55:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283131264.md)
  - [en](https://longbridge.com/en/news/283131264.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283131264.md)
---

# Bank foreclosures surge a staggering 45 per cent in chilling echo of 2008 crisis

The cost of living, made all the worse by geopolitics, has meant banks are foreclosing on people's homes at a terrifying rate

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