How Bad Will the Mortgage Crisis Get?
I was going to be done for the night, but came across this article. Kind of scary how bad things are I mean five years ago I didn’t know a single person who was afraid of losing their job. Now it seems half the people I know have lost their job, and are afraid of losing the house.
Paul Krugman mentions (in this article) another 25-50% drop in home prices!
Sad stuff.
Sincerely,
The DisplacedGuy (a.k.a. Rich)
One response
I feel you uncle has been out of work for over a year.