US families struggling with home ownership
Amid rising unemployment, many middle-class families are finding it difficult to hold onto their homes.
Published On 11 Aug 2011
Home ownership is often considered the dream of the middle class in the US.
But buying a house, and holding onto it during tough economic times, is becoming increasingly difficult for many families.
The country’s slowing economy, and subsequent rise in unemployment, has left many grappling with the issue of home foreclosure.
Even Levittown, New York – where William Levitt established the model for modern suburbia – has been affected.
Al Jazeera’s Kristen Saloomey reports.
Source: Al Jazeera