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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (123955)10/17/2012 3:31:23 PM
From: John Vosilla  Respond to of 149317
 
US Households Are Not "Deleveraging" - They Are Simply Defaulting In Bulk

This has been going on for over five years now. Walk away from a $300- 400k mortgage from the bubble years then either rent for a lot less than your bubble PITI was or another family member qualifies to buy another comparable home at less than half price. What else is new? Puts more money in people's pocket the GOP way. Why isn't Romney mentioning this?