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American dream, downsized: Homeownership not a given

Posted on 06 September 2011

Bill MileyFor decades, Americans have aspired to own homes, and everyone from bankers to government officials has worked to make the dream accessible. But around the country, particularly in places hit hardest by the real estate bust, that’s changing.
Legions of homeowners remain underwater on their mortgages or unable to move because they can’t sell their house. Plenty who want homes can’t buy them because credit remains tight……………………………………….Full Article: Source


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