“A glance at the coming future suggests that she will not see that loss recovered for maybe 40-50 years”
Ah, you lost me there. There is no historical foundation for saying it will take “40 or 50 years” years for the housing market to recover.
She hasn’t “lost $250K” unless she has to sell.
Maybe she ought to stay put. Even until she is 95.
She has a roof over her head and that will never be worth “zero” (like our 401K will soon be)
If she dumps her house and “walks away”, where is she going? A cave?
People are just are not thinking rationally.
As for me, I’m going to live in my house, or use it to raise revenue by renting it to someone else.
Unnecessary sarcasm ends the conversation.
have a nice day.