Millions of Americans may lose homes for debt.
Millions of Americans are at risk of losing their homes due to mortgage debt. The finding is by a group of experts from the International Monetary Fund, haning prepared an analytical report on the prospects of the global economy.
“About 2.5 million owners of apartments and homes in the U.S. have lost their homes. Other 1,500,000 have systematically gotten behind on payments . So they, too, are in danger of their losing homes,” the report says.
This originated with the 2008 financial crisis, affecting one of the biggest financial bubbles created by capitalism in the country in recent years. The Homeless have become a constant presence in the United States.
Thousands of them, four years after the start of the financial meltdown, still live in cars along roads and in parking lots, or even on the streets. According to the Census Bureau, more than 50 million Americans live in absolute poverty, a number that has not ceased to increase.
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