Wednesday, October 19, 2011

US Housing: Gloom Grips Consumers, and It May Be About Home Prices - CNBC

US Housing: Gloom Grips Consumers, and It May Be About Home Prices - CNBC: "Ernest Markey lost his stone-cutting business in 2009. He then sold his home for half a million dollars less than its value at the peak of the housing bubble and moved with his wife, Marie, to a smaller home in a less affluent suburb. They gave up two new cars and bought one. Used."

'via Blog this'

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