Monday, November 01, 2010

Energy Efficiency Eases Mortgage Meltdown

Read this article on mortgages. In the USA, the average suburban home costs about $175,000. But that's just the ticket price. Living in the home also includes $75,000 of utility bills and $300,000 of transportation costs. And these costs are going up faster than wages, and becoming a greater portion of the overall cost.

The author's theory is that the $375,000 of add-ons could be at least halved. Obviously, this would make it much easier to get on top of those mortgage payments!

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