Monday, May 30, 2011

Leaving North Las Vegas no option for many 'underwater' homeowners

In parts of North Las Vegas, more than 80% of homeowners owe more on their mortgages than their homes are worth. Staying is expensive, but many can't afford to move.

Charles Mills can barely afford to stay here. But he also can't afford to move.


Source: http://feeds.latimes.com/~r/latimes/news/~3/fsDSmheJdVc/la-na-underwater-homeowners-20110531,0,2035189.story

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