Right, so I think it’s important that you understand that I’m in the very same boat - I have a mortgage and declining property values affect me quite negatively as well.

We can’t let that be a reason to perpetuate this system that leaves so many homeless and so many more in what essentially amounts to indentured servitude in the face of ever-increasing housing costs.

We’ll probably have to do some form of soft landing for the average person with a mortgage in order to not make the transition a disaster for them, but it still has to happen.