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Housing Crisis Takes Psychological Toll On Americans
Sat 02/13/10 09:41:29 pm -HOUSINGWIRE
Nobody wants to think about it and nobody wants it to happen to them. Losing money is an awful thing to go through. But millions of Americans have seen their stock market portfolios blow-up and their home values erode. Losing money is a hard thing to do.
The run up of America's real estate market lasted nearly a decade before it blew up. The bubble came to a screeching end, and millions don't ever see recovering from it. One out of three mortgage holders say that if home prices keep falling they'll walk away.
Coping with the emotional toll is a whole issue in itself. Losing money on a house is hard to handle.
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Housing Crisis Takes Psychological Toll On Americans
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