Quote Originally Posted by DetroitPlanner View Post
Bham there are a lot of 'non-desperately poor' who are living in homes that were paid off years ago that they cannot sell. Not everyone is on Section 8.
Yes, they are living in fear and terror in their paid off home which is worth less and less every year. Even if they can't sell it, it becomes more and more attractive to just walk away from what is essentially worthless.