Credit crunch hits cash-strapped homeowners

Homeowners have drawn on their biggest asset, the roof over their heads, not to fund 'champagne moments' but to get through hard times; that's the finding of a preliminary study by Durham University.

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<p><a href="http://www.physorg.com/news148192595.html">Credit crunch hits cash-strapped homeowners</a></p> <p>Homeowners have drawn on their biggest asset, the roof over their heads, not to fund 'champagne moments' but to get through hard times; that's the finding of a preliminary study by Durham University.</p>