original housing price = $100,000, downpayment =$20,000, mortgage = 80,000: Y& ^3 j7 l) [$ E+ x& d& U
one year later, the housing is only worth $60,000, tell you $1.00 but must with the mortgage. Do you want it? - G( `9 @6 r$ D) m, L1 M- ^, g( W. H6 p/ X9 [' d
No way !!!