[etcb]

While anyone in this situation probably can't do anything about the decreased value of their home, they can be aggressive in challenging tax and insurance evaluations. There is no reason to continue to pay higher property tax or insurance premiums than required based on the current value of the home.

[Kenny500c]

I hope you all understand the gummint is on the hook for about 90% of all mortgages and as prices fall the losses escalate.

I don’t see any scenario short of hyperinflation that all the mounting debt can be repaid.