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The economy is going to take years to get where it needs to be. Forgiving negative equity is a bad idea unless everyone in the US gets the same deal. You want to forgive 50k in homeowner debt then there better be something for all the none homeowners in the deal too. All the help that homeowners are getting is having quite a bit of backlash among renters. Program after program has come out to help homeowners that spent more than their means while renters who have to pay every month or get evicted are left in the cold so to speak.
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