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IPFS News Link • Economy - Economics USA

Moody's: 8.8 Million Homeowners Underwater

2-22-08 • CalculatedRisk.blogspot.com

Not since the Depression has a larger share of Americans owed more on their homes than they are worth. With the collapse of the housing boom, nearly 8.8 million homeowners, or 10.3 percent are underwater.

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Moody's: 8.8 Million Homeowners Underwater

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