I lived in CA during the housing crisis. That’s how people that paid their mortgages and people that didn’t buy a house that they couldn’t pay for felt.
A woman that worked for me lived rent free for 6 months in their house going through foreclosure, bought all kinds of good stuff on credit, then filed for bankruptcy.
There are folks living in Maryland (e.g., Prince Georges county) who have been living for years in “their” mortgaged house without making a single mortgage payment during that time. I find that behavior despicable.