They'll only loose their homes if they want to move.
They'll be "stuck in their homes" which isn't ideal but it's not like they'll be on the street.
(PsychoChomp, Tue 26 Mar 2013, 9:57, 1 reply, 12 years ago)

No, they'll lose their homes if they default on their mortgage.
Which is likely to happen in a large number of cases if the interest rates rise, which will be about the only thing that could cause the housing market crash you rather selfishly want.

I don't personally think that a bunch of families losing their houses so that I can knock a few grand of the cost of moving is a fair trade, really. Even if they did over-extend themselves buying it. Which a lot of people did, what with being desperate to own their own homes and the prices being so high.
( Kroney, Tue 26 Mar 2013, 10:05, Reply)