In other words: At some point, people will abandon their houses.
"If you need a job and you need to improve your life chances, you know, why not?" Gyourko says. "I mean, it's not that it's free and it's not that it doesn't cost you, but it may be worth paying that price."
Tony Abrom has considered that.
His workplace has been downsizing, so he has been looking for work elsewhere, including out of state. Two years ago, he and his wife prepared to sell their house in Douglasville, Ga.
"We were really ready to leave," Abrom says. "We were painting the walls and everything and getting everything done, and that assessment just took the wind out of everything we were doing."
Now, Abrom can't afford to drive far from his home, but he also cannot afford to sell it.
Being stuck also forced Abrom to defer his dream of joining the Air Force, which would also require a move. And it appears he won't be free to leave for some time. And when I saw that, it gave me the feeling that, 'Oh my God, I'm never going to be able to get out of this neighborhood.' "
"If you need a job and you need to improve your life chances, you know, why not?" Gyourko says. "I mean, it's not that it's free and it's not that it doesn't cost you, but it may be worth paying that price."
Tony Abrom has considered that.
His workplace has been downsizing, so he has been looking for work elsewhere, including out of state. Two years ago, he and his wife prepared to sell their house in Douglasville, Ga.
"We were really ready to leave," Abrom says. "We were painting the walls and everything and getting everything done, and that assessment just took the wind out of everything we were doing."
Now, Abrom can't afford to drive far from his home, but he also cannot afford to sell it.
Being stuck also forced Abrom to defer his dream of joining the Air Force, which would also require a move. And it appears he won't be free to leave for some time. And when I saw that, it gave me the feeling that, 'Oh my God, I'm never going to be able to get out of this neighborhood.' "
Closed November 2010