The Foreclosure Trend
Financial author Roger Lowenstein brought up a good point in his recent article in the New York Times Magazine.
People used to do anything and everything to keep their home, but nowadays it seems as though people are more willing to let go of their homes in order to keep their money. He argues that this isn’t being irresponsible, and that when people are faced with this problem they maybe be better off handing the house over to the bank.