U.S. Needs to Ditch Concept of Homeownership

Courtesy Digg - Business & Finance  Sun, 12/20/2009 - 01:00

Why do we need to do this when millions of homeowners faced foreclosure in the last year alone? At the end of 2008, with prices falling, 70 percent of those surveyed said they did not think their house price would decline over the next six months, and more than a quarter expected it to increase.

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