Thursday, August 11, 2011

America struggles with home ownership

Home ownership is the dream of the American middle class. But buying a house, and holding onto it during tough economic times, is becoming increasingly difficult for many families.

America's slowing economy, and subsequent rise in unemployment, has left many grappling with issue of home foreclosure. Even Levittown, New York - where William Levitt established the model for modern suburbia - has been affected.

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