Time to Concede Home “Ownership” Is a Fraud.
By: Mike “Mish” Shedlock Home Loans Views: 5041 | Comments: 0 | Votes: 0
Every week someone sends me an idea on how to fix various housing problems. Many want home prices to stop falling and many others want to bail out homeowners because banks were bailed out (as if two wrongs make a right). Others want to stop foreclosures even though the very best thing for most of the people in trouble would be to shed the albatross by walking away. More
