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Home » Archives » April 2008 » Americans unload prized belongings to make ends meet

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04/30/2008: "Americans unload prized belongings to make ends meet"


Struggling with mounting debt and rising prices, faced with the toughest economic times since the early 1990s, Americans are selling prized possessions online and at flea markets at alarming rates.

At Craigslist, which has become a kind of online flea market for the world, the number of for-sale listings has soared 70 percent since last July. In March, the number of listings more than doubled to almost 15 million from the year-ago period.

[ The overconsumption is slowing. ]

http://news.yahoo.com/s/ap/20080429/ap_on_bi_ge/cashing_out_the_attic