We asked Yahoo News readers to share their stories of living with mortgages that are underwater. Over the next week, we’ll be sharing their stories here.
Emilie Peck
Minneapolis
Purchased in 2004 for $154,000
Current value: $64,675
“A year or two after we’d moved in, the houses in our neighborhood had started to go into foreclosure. At one point, there were more empty homes than occupied on our block.”
