Infographic – The Meltdown Of The Mortgage
Between 2010 and 2015, 3 million former homeowners will become renters due to the housing collapse. Furthermore, the overall state of the economy has created a new culture of frugality, with americans valuing financial security over luxury. 52% of the general population rates themselves as highly frugal, while 82% say that the economy has caused them to be more cost-conscious.