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Posts: 159
New financial crisis may be about to hit the housing industry as those who can afford to pay their mortgages may choose to stop. -- (link)
Posted by
Mop (aka rburriel)
Mar 18 '09, 22:07
(No message)
If you're underwater, it may be easier to walk away.
(www.reuters.com)
Responses:
I wish I had a mortgage to stop paying ;-) -- nm
-
MojaveMeg
Mar 18, 22:14
4
We're renting and both of us are working. Another 18 months of this economy, and we can buy our dream house in cash. -- nm
-
Mop
Mar 18, 22:21
3
I paid off my mortgage a year ago. After 28 years in this house falling property values don't really concern me. I'm really very lucky..
-
MojaveMeg
Mar 18, 22:25
2
Mama does not think she will be able to retire when she thought she would be able to -- nm
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BAD
Mar 18, 22:29
1
I understand completely. I figure to work as long as the company's in business. -- nm
-
MojaveMeg
Mar 18, 22:31
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