apronman November 27, 2011 at 9:13pm
What we need to get real on is the fact that the banks over inflated housing prices with the help of appraisers. There is no way that a house drops 50% value in one year. So FRAUD is in play here. I agree that many should not be in a house but an apartment. The rich are stealing from the poor and one day the many at the bottom will come knocking at the doors of the thieves at the top. I have paid off my house and do not want to pay interest. I am glad not to have to deal with the banks.