This is an embarrassing untruth told by one who has no idea how most of the US lives. A huge portion of the US lives a few paychecks away from default because so much of most families incomes is needed just to keep your head above water. Rising home prices made homes look like an excellent investment that Americans could no longer afford to pay for when the bankers tanked the economy in the process of milking as much as they could from it.

Losing a home thrusts one either out into the street or onto the mercy of families because the financial ruination may make it somewhere between difficult to impossible to rent even if one has the money. It ruins your credit, breaks up families, ruins relationships, hurts ones job prospects even.

The idea that people faced ruin because they didn't have the character to live up to their obligations is more than offensive.

When I lost mine after weathering a number of crisis the bank wasn't interested in anything less than all back money due immediately or nothing so catching up was impossible. Hell there was even a government program to help people stay in their homes that would have lent every bit of the money required to catch up and the bank wasn't interested.

In brief shove your crisis of responsibility because you have no earthly idea what peoples lives are like or the shit they have had to slog through.