Economy Jan 06 Who Do You Hurt When You Walk Away? More from the strategic default debate today. Economist Luigi Zingales of the University of Chicago, also in our original story, argues there are damaging spillover effects ("negative externalities") when homeowners strategically default. "By walking away, not only do you… By Paul Solman
Economy Jan 06 Who Do You Hurt When You Walk Away? More from the strategic default debate today. Economist Luigi Zingales of the University of Chicago, also in our original story, argues there are damaging spillover effects ("negative externalities") when homeowners strategically default. "By walking away, not only do you… By Elizabeth Shell
Arts Jan 05 Strategic Default: Right or Wrong? We've been concentrating on the housing crisis over the past several days here on the Business Desk. For the rest of the week we'll be focusing on the issue of strategic default. If you're an underwater homeowner who can afford… By Paul Solman
Economy Jan 05 Strategic Default: Right or Wrong? We've been concentrating on the housing crisis over the past several days here on the Business Desk. For the rest of the week we'll be focusing on the issue of strategic default. If you're an underwater homeowner who can afford… By Elizabeth Shell