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Businessweek Archives

One way to avoid foreclosure: live with a stranger


It seems that more and more Americans faced with foreclosure are renting out rooms in their homes to help pay the mortgage. Of course, this is a trend that is difficult to quantify, but it’s something that a bunch of newspapers and television stations have picked up on in the last month.

When the cold weather arrives this fall, I’m guessing that the idea will gain favor with Bostonians, Minnesotans, Rhode Islanders and others with high heating bills and weak housing markets.


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