NBC Nightly News showed a couple from Detroit. They were BOTH retired Police Officers and said the owed more money on their house than it was worth. Guess they spent the Detail Money on vacations.
Sorry, I don’t watch NBC or CBS or ABC or CNN or MSNBC. Can’t take the liberal cheerleading.
Mostly this was a problem due to the long and continued drop in real-estate values in Detroit as a result of its collaps as a city.