When the going gets weird, the weird turn pro. - Hunter S. Thompson

31 October 2008

Sign of the times

At least 7.5 million Americans owe more on their mortgages than their homes are currently worth, according to a real estate research firm's report released Friday.

In other words: If they sold their homes today, they'd have to bring a check to the closing. Ouch.
7.5 Million Homeowners "Underwater" (CNN.com)

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