Households shifting down

July 6, 2012, 5:32 pm Damien Hansen Today Tonight

The number of households falling behind in their mortgage payments has more than doubled in the past seven years, to almost 200,000.

Consumer

Now it seems the big squeeze is leading to a new trend, with more people taking the pressure off by downshifting their homes.

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This reporter is on Twitter at @DamienHansen7

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