Gonzalo Lira: The Coming Middle-Class Anarchy

The reward of playing by the rules.    True story: A retired couple I know, Brian and Ilsa, own a home in the Southwest. It’s a pretty house, right on the manicured golf course of their gated community (they’re crazy about golf). The only problem is, they bought the house near the top of the market in 2005, and now find themselves underwater.    ... MORE