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Dire Housing Market Forces Families Apart

April 24, 2008 12:05 PM
by findingDulcinea Staff
Unable to sell their homes, many U.S. families have little choice but to split up when breadwinners get a job that requires them to relocate.

30-Second Summary

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After Paul Dillon took a job in Akron, Ohio, the Dillons were unable to sell their Toledo home. Now Paul Dillon’s four young children say goodnight to him over the telephone, reports National Public Radio.

Big Builder spoke to Joe Senna, who must move from Texas to Minneapolis by June 1. He is testing out a different solution: home swapping. He says, "It's a nontraditional method, but it just might work. I say just take matters into your own hands."

Headline Links: Housing market crisis forces families to split, rent or swap

Related Topic: Canadian companies reluctant to relocate employees to U.S.

Background: The sub-prime mortgage situation

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