30% Of CA and Florida Homeowners Underwater

March 4, 2009 at 2:05 pm  ·  Category: Macro Economics, Real Estate

This post and accompanying chart from the WSJ just blew my mind: “More Americans Drowning In Mortgage Debt”. 

As you can see, 30% of Californians and Floridians, 1.9 million and 1.3 million respectively, are underwater on their mortgages!!!!   Wow…..

Posted by Greg Feirman  ·  Trackback URL  ·  Link
 

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