WatchNearly 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.
http://www.thefiscaltimes.com/Articles/2012/11/25/Why-Housing-Is-Still-Hindering-the-Recovery.aspx
