NYTimes: My Personal Credit Crisis

Verry good article. It could happen here folks. I'll never understand why people in Atlantic Canada consider buying a home an investment when there is one glaring fact around the corner: the baby boom will soon retire and there is no/little immigration to replace it.
From The New York Times:

My Personal Credit Crisis

How love, subprime lenders and willful self-delusion led one man, an economics reporter, to the brink of foreclosure....


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