12 4 / 2012
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20 3 / 2012
Name America Underwater
Location Washington, DCAn estimated 11 million American families currently owe more than their homes are worth. A joint project of Rebuild the Dream and The New Bottom Line, America Underwater shares how these families’ dreams are drowning in debt. “If mortgages were reduced to their fair market value—what our homes were worth before the bank-caused recession—we could reset the housing market, reign in unemployment, and put money back into people’s pockets,” reads their mission statement.
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