Suze Orman and many others like her have Americans hanging on their every word. Many have said that because of the duration of the “Housing Reset,” the housing dream is dead.
Yes, at no time in history have we had as many people selling their homes, which are upside down balance-wise to fair-market value, and returning to renting; or who have credit challenges. While that is a fact, it is not in any way indicative of what Americans want. They do not want to make a landlord wealthy and they do not want to lose the benefits of homeownership.