D Clarity

What Is This Weird Balloon For


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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


Written by geek

16/06/2010 at 12:40 am

Posted in economy

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