Don,
Agreed that would be nice but with the way things are going right now, how would you determine if in the future, even a few years, a person is still going to have a job or be able to make a certain level of payments. You also have to factor in that everything else is going to just keep going up and that will eat away their income too. Right now we are having a lot of complaints in this area about houses that have been foreclosed on being broken into and lived in by the homeless, which we don't have a lot of and the dopers which I think make up about 1/2 of our population. The city of Redding says they don't have the money to send code enforcement people to all these places and to write tickets to the banks and loan companies that now own the houses, to make them clean up homes that were nice and are now dumps. That is hurting the other home owners in those areas as it is lowering the value of their property and they have had two meetings with the city council about it so far with nothing resolved.
Ron