I picked up the Reader yesterday and read the article. Gotta love this quote from an outraged housing advocate:
Price is fed up with the newspaper analysis and number crunching he reads: “What about the people? Everybody’s concerned about a number, a product, a portion of their inventory. Where are these people, turned out of their condos, going? And what about the people who haven’t yet lost their homes but are crazy as batshit trying to keep it? Husbands and wives aren’t talking.”
Unprompted, he continues. “This is a shame-based crisis. So many homes could have been saved if the husbands and wives could’ve talked about it. But they tore up the [overdue notice] when it came. They didn’t return the phone call from the mortgage company. Because they’re ashamed — because now they’ve got an Escalade sitting in the driveway. It’s really hard to get the story from people because of the shame. They got caught up in chasing the American dream because it finally became available to them. By hook or crook, however it became available, it became available. They took advantage of it.”
