"Cocoanuts" starring the Marx Brothers was released in 1929. A real estate boom that you've probably heard about was roaring. We all know how that one went....
Groucho: "You can have any kind of a home you want. You can even get stucco. Oh, how you can get stucco."
Negative equity in US widespread
"Nearly a quarter of all homes with mortgages in the US are in negative equity, figures have showed.
First American CoreLogic, a real estate data company, found 7.6 million properties in the country were worth less than the mortgage as of September 30, while another 2.1 million were within striking distance."
Seed Newsvine
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