Why didn't anybody care about home prices going through the roof but now that they are only correcting everybody wants to support the market? Let's face it if you bought a home after 2004, you were by definition a speculator no matter what, you bought expecting still higher prices. Now please if you were so convinced of ever higher prices in the long run explain to me why you now want to walk away from your home and why we should let you do this ? In the end one may argue that there is no valid social reason for home prices to appreciate more than inflation over the long run and that governments and central banks should make this an objective of their overall economic policy. This type of crisis would never have happened in the first place.