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August 7, 2009

Study: 48% of Homeowners to Owe More than Home’s Value
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Back in the United States, a new study says the number of Americans
owing more than their home is worth will see a major rise in the next
two years. According to Deutsche Bank, 48 percent of homeowners will
have mortgages surpassing their home value by 2011, up from 26 percent
this year.



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