[aaron_oxenrider]

If you paid attention during the last recession while foreclosures did skyrocket, those people did not end up out on the street. Many found other places to live or just stayed in that house until someone forced them to leave. Some people stayed in a house without paying a mortgage for years.

If it goes that direction again I see even more people just staying without paying anything. The banks don't have the resources to force everyone out and no one wants to buy that many properties in a lot of areas.