"It's either feed your kids or pay your mortgage."
Politicians' talk of an economic recovery is laughable to many of those here. This is a last, desperate bid to cling on to home ownership – the event is shrewdly named "save the dream".
"What you hear from the Obama administration is 'we're helpless, our programmes aren't working'. What you hear from Congress is 'we don't know what to do so we're going to do nothing'."
Irresponsible borrowers are partly at fault.
Naca's chief executive worries the US property crisis may have swung to the opposite extreme, with risk-averse banks reluctant to write even the most sensible of mortgages. Marks says banks "just refuse to lend" because they see no prospect of the "abusive" profits they once made. He is pessimistic about a short-term return to stability: "If somebody is used to getting intoxicated, to taking an extreme amount of drugs or alcohol, then they're never going to be satisfied with just a beer."
US homeowners flock to Florida event in desperate bid to save properties - Guardian
578. Make people laugh. - 578. Make people laugh.
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