Wednesday, June 08, 2011

If You’d Like Another Good Scare . . .

Don't let catastrophic floods be your only worry. The troubled housing market could be much, much sicker than we've been allowed to believe:

Consumer borrowing is so rampant in America that most people who took out a mortgage last year to buy a home ended up spending more than a third of their income to pay that loan and other debts.

No comments:

Post a Comment