Sunday :: Jan 31, 2010

Open Thread


by Mary

Calculated Risk points to a Planet Money piece discussing the problem of people walking away from their mortgages because the value of the house is so under the principle owed on the house. I remember seeing the first references to this on CR's blog back in 2006 before any of the rah-rah guys thought there was a problem with the housing market.

Mary :: 12:00 AM :: Comments (0) :: Digg It!