Strutting Their Middle Class Stripes: Politicians on the Housing Bust
Goldman Sax estimates that 30% of mortgages nationwide, or 15,000,000 homes, could have negative equity by the end of the year. On the campaign trail, candidates discuss their plans to aid an economy that hasn’t created new jobs or higher wages as costs of fuel, food and other necessities soar.
For more information about the housing crisis, see:
Project Lifeline Gives Mortgage Borrowers a Time-Out
Housing Downer: Economic Woes Require Targeted Government Action
Throwing Homeowners a Lifeline
Tags: consumer information, economic stimulous, existing home sales, housing market, housing prices, US economy
