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A homeowner is only underwater if they have to or want sell right now and the value is less than the owe the bank. If you intend to stay in your home for the next 10, 20 or 30 years it does not matter what the value is right now.

A home is an investment you live in. There is value in that.

The biggest problem is banks are lending money to people who have no means to pay them back.

A homeowner is only underwater if they have to or want sell right now and the value is less than the owe the bank. If you intend to stay in your home for the next 10, 20 or 30 years it does not matter what the value is right now.

A home is an investment you live in. There is value in that.

The biggest problem is banks are lending money to people who have no means to pay them back.

DING DING DING we have a winner! Finally someone understands how property values work! Values go up and down, but in the long run property is property and theoretically will always physically be there. And truthfully, if you aren;t currently trying to sell the house, you want your property value to be as low as possible, as that then lowers your property tax. The ONLY time you want a high valuation is when you're trying to sell.

The typical duration (average) of a mortgage is 8 years. Very rarely do people spend 10-20-30 years in the same home.