Burned on both sides, too, because the higher mortgage payments tend to depress home prices.
I'm sure they're perfectly decent, with high mortgages, active libidos and play dates.
The currency crisis, with higher mortgages and interest rates, means that consumers have far less disposable income.
The tax is one of the biggest hurdles to buyers already facing higher mortgage and credit costs.
Either pay a high mortgage or high rent.
Later, the early 1990's economic recession found homeowners paying high interest on high mortgages they could ill afford.
"This is the first year you're going to get a major shock" from higher adjustable mortgage payments.
The one-bedroom was lovely, but they feared the maintenance would rise because of a high underlying mortgage on the building.
Worst hit will be the South, where people with high mortgages have been most affected by the recession.
If the effective choice is between higher mortgages and unemployment, which would you choose?