great article
Debtor’s Dilemma: Pay the Mortgage or Walk Away – By JAMES R. HAGERTY and NICK TIMIRAOS – In Down Real-Estate Market, Homeowners Are Deciding to Abandon Their Loan Obligations Even if They Can Afford the Payments – PHOENIX — Should I stay or should I go? That is the question more Americans are asking as the housing market continues to drag. … – Wall Street Journal