The housing crisis is past history in the minds of most Americans, but the reality is that some 2.5 million homeowners are still underwater on their mortgages. Until a few months ago, WSJ reporter @RyanDezember was one of them.
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Almost 8 million people would lose their homes to foreclosure in the decade to follow. Dezember, who moved away for a job opportunity, was able to hold on, but watched his savings drain away while he rented the home out at at loss.
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Selling in an oversaturated market was not an option for Dezember. Meanwhile, the neighborhood suffered: the opioids epidemic creeped in, renters stole the washer, weed-ridden homes nearby stood empty.
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Finally, after nearly a decade, light appeared at the end of the tunnel. Read the rest of the story:http://on.wsj.com/2BvwHMq
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