[rifung]

> Why does policy need to be "fair" to investors

I guess this is just an ethical question? I don't think it would be fair to those who recently bought a home if we just wiped out a substantial proportion of their assets.

> This belief that we cannot do a thing unless that thing benefits wealthy homeowners is harmful.

You perhaps misinterpreted my comment. I don't think they will benefit at all from a solution, but I would think a good solution should not be too devastating to any given person.

I'm less concerned about wealthy home owners than I am for those who just got a mortgage.