Report: 1 in 5 U.S. homeowners underwater
That headline is a lie.
1 in 5 homes with a mortgage may be underwater, but there are a whole lot of homes with no mortgage that are owned free and clear.
Last clear number I could find was 38% have no mortgage
so that number should be 1 in 9. Still not good but not 1 in 5. Question everything.
oops 1 in 7 or 8 is closer never did like math