Though 90% of US homeowners with mortgages manage to make their payment on time, over one third of these are made by people owing an average $75,644 more on it than the home is worth.
In L.A., one quarter of homes are considered "underwater". In Nevada, two thirds.
http://www.huffingtonpost.com/2012/05/24/underwater-mortgages_n_1543785.html (Remember the photos of cheap real estate I sent in?) Natalia _______________________________________________ Futurework mailing list [email protected] https://lists.uwaterloo.ca/mailman/listinfo/futurework
