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The book explores the troubling trend of declining housing values in the U.S., highlighting the financial strain it places on homeowners who find themselves underwater on their mortgages. It examines the consequences of this situation, including the emotional toll of being trapped in undesirable homes and the risk of financial disaster for those facing job loss or other hardships. Through a critical lens, it delves into the broader implications of this housing crisis on individuals and the economy.
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Underwater, Chris Lauer
- Language
- Released
- 2012
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- Title
- Underwater
- Subtitle
- Options When Your Mortgage Is Upside Down
- Language
- English
- Authors
- Chris Lauer
- Publisher
- Apress
- Publisher
- 2012
- Format
- Paperback
- Pages
- 284
- ISBN13
- 9781430244707
- Category
- Business and Economics
- Description
- The book explores the troubling trend of declining housing values in the U.S., highlighting the financial strain it places on homeowners who find themselves underwater on their mortgages. It examines the consequences of this situation, including the emotional toll of being trapped in undesirable homes and the risk of financial disaster for those facing job loss or other hardships. Through a critical lens, it delves into the broader implications of this housing crisis on individuals and the economy.