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Posts: 160
Mortgage defaults may be driving consumer spending. That is: If you don't pay off your mortgage, you've got more money for stuff. -- (link)
Posted by
Mop (220 lbs) (aka rburriel)
Apr 12 '10, 14:02
(No message)
http://finance.yahoo.com/news/Mortgage-Defaults-May-Be-cnbc-1964280202.html?x=0&sec=topStories&pos=6&asset=&ccode=
(finance.yahoo.com)
Responses:
16 million unemployed...8 million not paying their mortgages... and we're supposed to believe there's a big cheat trend based on one example?
-
stewie
Apr 12, 14:10
when you're family doubles up with other family you have to buy rollaway beds couches etc -- nm
-
zDroid
Apr 12, 14:06
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