Homeowners rent out rooms to stave off foreclosure
Reeling from the recession’s one-two-three-punch of job woes, climbing mortgage payments and evaporating equity, desperate homeowners are dipping into a nearby income stream to avoid foreclosure:
That bedroom just down the hall.
While renting out a room has been around for years, especially in the California’s Latino neighborhoods, sharing a home in order to save it has become an increasingly popular way to hang on to the front-door keys to the American dream