Housing Pain Gauge: Nearly 1 in 6 Owners ‘Under Water’
Falling home prices have left nearly one in six owners owing more on a mortgage than the home is worth, raising the potential for more defaults.
Via WSJ
Darrell Silver!
Founder of Perpetually and native New Yorker. I organize JellyNYC and helped start New Work City in 2010. I built the real-time trading system for a statarb hedge fund before it was easy or destructive.
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