In yet another indication of America’s housing strength, homes with negative equity are falling
The current system, the GOP lawmaker says, “cannot be salvaged”
After inheriting the worst economic downturn since the Great Depression, President Obama poured vast amounts of money into efforts to stabilize the financial system, rescue the auto industry and revive the economy.
Owning a property overseas used to be something that only the super-rich could afford. But in the last couple of decades many of us have taken advantage of money built up in the US property boom to buy our own piece of paradise abroad. And who can blame us? Great weather, an easygoing expatriate lifestyle, tasty food and more house for our money.