The United States of Subprime: “I’m Going to Lose My Home Anyway, So Why Pay?”
October 13th, 2007Via: Wall Street Journal:
The Journal’s findings reveal that the subprime aftermath is hurting a far broader array of Americans than many realize, cutting across differences in income, race and geography. From investors hoping to strike it rich by speculating on condominiums to the working poor chasing the homeownership dream, subprime loans burrowed into the heart of the American financial system — and now are bringing deepening woe.
Posted in Economy | Top Of Page
