I really thought you were more intellegent and informed than to give me a cookie cutter answer that doesn't address my comments.
Now. With that out of the way, please help me see where I have failed to address your comments.
You have stated, in essence, that things are tough for Florida homeowners. You have stated that things are SO tough that the only option in the current market situtation is to fold up and sell your home, and that there are no buyers, so that the only option for many is to walk away from their homes. Is that a correct representation? You are saying that because of the extreme nature of the market that "something has to be done" and by that "something" you mean state intervention. Is that correct? If that is correct, then please take a second look at my neurally deficient howling screed and you might see that I actually HAVE addressed the problem in the following manner:
1) We should seek solutions to this, and any other market distortions, from the point of view that THE MARKETS THEMSELVES HAVE THE BEST CORRECTIVES if you let them function in freedom.
2) This corrective will involve pain, at times.
3) Government intrusion into markets should only be within the Constitutional (State of Florida Constitution in this case) prescriptions for and proscriptions against, power. This largely limits the state to defining and enforcing voluntary contracts.
Screeching "but you don't understand how BAD it is" is not a response.
If I have missed something here, I am happy to be enlightened.