D Clarity

What Is This Weird Balloon For

stuck

leave a comment »

Between 2005 and 2009 the number of home owners who moved plummeted.

For a huge number of people who bought houses in the last 5 years, the choice is
1) Come up with a ton of cash to pay off the difference between what they owe on their house and what it is worth
2) Ruin their credit
3) Stay put and keep paying on a house that is worth less and less every year

Advertisements

Written by geek

16/06/2010 at 12:40 am

Posted in economy

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: