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Why Housing Is Still Hindering the Recovery

By mili   Follow   Mon, 26 Nov 2012, 7:50am   170 views   0 comments
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Nearly 11 million Americans, or more than a fifth of homeowners, are buried in debt, owing more than their properties are worth after piling their life savings into their properties — a persistent and largely unaddressed problem that represents the missing link in what many economists consider the administration’s overall strong response to the recession.

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