People who mortgaged their firstborn to buy a house that it would be 50% cheaper to rent at the height of the bubble with no cash down, were STUPID. G-d helps those who help themselves.
I have no problem with wealth redistribution. But I also have no sympathy for the people who bought in the mid-2000s, because they should have thought for 2 seconds before following the lemmings off the cliff.
Lastly, if one bought with little to no cash down, they never really owned the property. More like leasing it from the bank. Leases are revocable.
