>Since your plan has little chance of adoption under the present  
>political circs, let's talk utopias for a moment. Your scheme would  
>help out debtors, but not really change the institutional structure or  
>the preposterous fetishization of homeownership - in fact, it'd  
>reinforce the latter.
Why not simply eliminate evictions. Without the power of evictions, the entire housing supply would open up and homelessness would disappear. That's utopian. (and socialist)
xx, martin