Homeowners Lose $720 Billion in 2007
January 2, 2008 – 5:08 pmAccording to Steven D. Levitt’s calculations, homeowners have lost nearly $720 Billion in 2007 due to the decrease in the value of their homes, which fell 6% last year.
Steven is the author of Freakonomics which every person should read. He makes economics fun and interesting.
