Economy Jan 06

No image
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…

Economy Jan 06

No image
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…

Arts Jan 05

No image
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…

Economy Jan 05

No image
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…

Latest News