Wednesday, November 9, 2011

Presidential Candidates Housing Crisis

Presidential Candidates Housing Crisis - As the crisis in housing continues, the Presidential candidates on the campaign trail continue to be vague in their solutions. Americans feel one of the most pressing issues outside of jobs and the unemployment rate in this country is the housing crisis.

Most estimates show the majority of homeowners have experienced a serious decline in the value of their homes, with about 30% or more being under water. The term under water means the home has a mortgage for more than the house is worth. This phenomenon was greatly brought on by the housing

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