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Housing Double-Dip to Slow Economic Recovery: Whitney
Posted on 6/25/10 at 2:58 pm
Posted on 6/25/10 at 2:58 pm
LINKAGE
Consumer behavior has exhibited traits Whitney said she's never seen before.
Primary among the anomalies has been the trend of homeowners not paying their mortgages and instead paying down other bills and increasing their personal spending.
Consumer behavior has exhibited traits Whitney said she's never seen before.
Primary among the anomalies has been the trend of homeowners not paying their mortgages and instead paying down other bills and increasing their personal spending.
This post was edited on 6/25/10 at 3:21 pm
Posted on 6/25/10 at 3:29 pm to AUFanInSoCal
Why bother with paying your mortgage if banks can't keep up with foreclosures right now, and your credit rating is in the crapper anyway? Quit paying that ludicrous ARM and protect your reposessables with that cash. If you have some left over, amass more stuff. It makes sense to me.
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