"Underwater" is part of the language today.
Underwater is a direct result of Government involvement in the Banking Systems, the manipulation of Fiat Money, the picking of winners and losers by the Government (vs the "Marketplace")and would not have happened if Real Money represented Real Wealth.
In 2008 I saw what was coming.
The Bank of Amerika was given $50,000,000 (Billion!) to buy up Countrywide Mortgage, after Barney Frank and Chris Dodd destroyed the US Housing Market via Fannie and Freddie.
My "Bank Account" (My Home) was "raided" for $150,000 dollars. This was about 45% of my homes "Value".
I did not put the Fruits of my Labor (That is Money, Demokrats) into a bank account, I "banked" it in my home.
THE GOVERNMENT took my $150,000 and gave it to The Bank of Amerika and the rest of the Thieves.
I played the game. I tried to do a "short sale". I was willing to lose the $45,000 that I had just put into my "Bank". Bank of Amerika had no reason to deal with me, and chose not too.
I said Fauch YOU!
Contracts go two ways....Barney, Chris, Barry, and their Handlers at The Bank of Amerika got my house back "Under Contract".
I made a 5 year plan, built our home on a nice piece of land, sacrificed for the past 5 years, and in 5 months we will make our last payment on our Contract for Deed.
I built our home in a State where the Government will not force us from our home with excessive Taxation.
Minnesota and you Defective Demokrats ain't gittin' this Free Mans Wealth!