Rise in `Strategic Defaulters' Adds to Housing Woes: Video
492 views · Published 2 October 2009 · 2:02 · Indexed 20 September 2026
Channel: Bloomberg Originals · 2009 · News & Politics
Oct. 2 (Bloomberg) -- The number of U.S. homeowners intentionally "walking away" from their mortgage loans is growing as property values decline. Bloomberg's Gigi Stone reports on the impact of these "strategic defaults" on the housing market. (Source: Bloomberg)
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