In order to raise the cash, the victim's family will probably have to liquidate assets – mortgage the house, sell stocks, pool money from other relatives.
Over the life of a 30-year home mortgage agreement, a homeowner could pay hundreds of thousands of dollars more in interest than just two or three years ago.
I mean, back then, millions of people had these subprime mortgages that were just - had these crazy terms where the payments went so high, no one could afford them.
For example, a friend of mine was so hard bit during the depression that the gas company shut off the gas and the bank foreclosed the mortgage on the house.
In August angry homebuyers gathered at a branch of Bohai Bank in Shanghai to demand more information on their mortgages for homes at a development that has halted construction owing to a lack of money.