that's a great article and demonstrates exactly my point... these people are not "irresponsible bums"... they, as well as their lenders and even insurance companies, DID NOT PREDICT the problems facing them now and are at risk... they are in quite a predicament.
Obviously some bad decisions were made in the past by home builders, government agencies, mortgage lenders and insurance companies... you can just say that the homeowners are being irresponsible... or that trying to help them is enabling.
Unlike many Florida homeowners facing huge hikes in their insurance rates in the wake of recent hurricanes, Casper and Gushanas have decided to drop their windstorm coverage rather than pay the huge bill from their insurer, Florida Peninsula Insurance Co.
Most lenders require homeowners to have insurance, but Casper said her mortgage company approved the plan.
Sara
"I never give them hell. I just tell the truth and they think it's hell." - Harry Truman