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You're a solid citizen and paid back a low interest rate guv. subsidized loan. Since you're closer to this situation than others, what is your "sense" of others paying back these same kind loans? BTW> I'm not knocking your taking this loan, there are so many guv. subsidized deals out there.

If you have equity in your property, the loan will be paid back, absent what SoCal went through in the early 1990's. But the area in the redevelopment district adjacent to where I lived was by no means a slum. It was solid working class Hispanic with a levening of Anglos, some of them gay, made up of single family little bungalow homes or duplexes on quiet streets. Some of the lots down there are large enough (6 to 7 thouand square feet), that I suspect we are going to see a bunch of tear downs and rebuilds soon. So my experience probably isn't applicable.