Housing market going to the dogs
Speaking of foreclosures . . . .
You could say the housing market is going to the dogs, and you'd be right in more ways than one.
Not only is the real estate market in a major slump, but homeowners facing foreclosure are walking away from their homes -- leaving their dogs and other pets locked up inside.
For more on this latest sign of housing market distress, read Jennifer Waters' story today on why homeowners are foreclosing on Fido, plus don't miss Realty Q&A for a look at why the housing slump may last longer than you may think (sorry, all you pets out there), and check out Marshall Loeb's Daily Money Tip on how to "rewire" your retirement, all on Friday's Personal Finance pages.
Sure, I can understand that struggling homeowners, forced to move into a no-pets-allowed rental, might need to bid adieu to their four-legged friends. But leave them behind, locked up, with no one to care for them? Have you not heard of pet shelters, people?
-- Andrea Coombes, assistant personal finance editor
From MarketWatch
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