I just read an article about a suburb of Cleveland OH that has become a ghost town due to all the evictions etcetera in the area. The fact is that people that couldn't afford houses bought houses. Sometimes they lied about jobs or income, sometimes lenders didn't check or didn't care if the borrowers could afford to make payments. In many cases people got variable rate mortgages and got in trouble when (surprise, surprise) the rates went up. Lenders are businesses. Their job is to make money off...