Showing posts with label foreclosure. Show all posts
Showing posts with label foreclosure. Show all posts

"...mortgage meltdown...expected to average 7 percent across the nation and lost property value of $1.2 trillion"

Tuesday, November 27, 2007 | 0 comments »

During my time in the US, I always wondered what people could possibly be doing for a living to afford the massive homes and McMansions sprawled across the nation, apparently the answer is simple, THEY CAN’T AFFORD THEM!

http://money.cnn.com/2007/11/27/real_estate/mayors_fight_foreclosure/index.htm?postversion=2007112705