Negative Equity Position And Financial Housing Crisis

What does it mean to own a home? Typically anyone who holds title to a home is considered to be a householder even if they have zero or negative equity in the home. By this imprecise definition of home ownership, the break up of Americans who own their own home has been above 60 for the past half century. Before the flood of foreclosures took its toll the percentage was by and large estimated....
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