As part of his continuing series of reports making sense of economic news, Paul Solman tells the story of some homeowners who have stopped paying their mortgages even though they can still afford them.
httpv://www.youtube.com/watch?v=zjrpEUh-OVc
2 thoughts on “Homeowners – ‘Strategic Defaulters’ Skip Mortgage Payments”
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And it makes sense everything that they’re saying. Bartlett in the video I believe is right in what he is doing. Why pay 500% of what your home actually is worth?
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