[gdani]

I don't have much sympathy for people who bought more than they can afford. On the other hand, there are plenty of people who can't afford their homes for situations beyond their control, such as loss of job or medical bills.

The problem with saying they should simply sell the more expensive house & buy a cheaper one is some people are so far underwater they don't have the cash to make up the difference between what it sells for today versus what was paid for it.

And, in that situation, if you don't have that liquid cash you're screwed.

[Bigh4u2]

You beat me by mere seconds.!

Great minds and all..

:0)

[MHGinTN]

AND selling in a very stale market is not what the author pretends to be so easy a solution.