More homeowners walking away from underwater homes

No Help in Sight, More Homeowners Walk Away
by David Streitfeld, New York Times, February 3, 2010
In 2006, Benjamin Koellmann bought a condominium in Miami Beach. By his calculation, it will be about the year 2025 before he can sell his modest home for what he paid. Or maybe 2040. “People like me are beginning to [...]