Home values nationwide have dropped an average of 20 percent during the recession, but one young entrepreneur says some homeowners could recoup 80 percent or more of that lost equity over the next three years even if the housing market doesn't rebound. The secret, he says? "Plant trees." John Pounders, 23, of Florence, Ala., started Anything-Green.com seven years ago when he was 16 years old. The company sells trees online to landscape contractors across the U.S. He thinks he has at least one solution to homeowners' home equity woes, and landscape contractors can profit from the results.
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