Of more than 1,000 consumers questioned by research firm JZ Analytics, 32 percent said they think people should be able to walk away from their mortgage. Thirteen percent said they would do it themselves if necessary, and 17 percent said they know someone who's done just that.
It makes sense. The foreclosure process can take as many as two years –– or longer, in areas hit hardest by the housing crisis –– leaving consumers to live mortgage-free while they wait for lenders to take back their homes.
"A large number of Americans who are underwater on their mortgages would be better off financially if they walked away from their homes," Brent White, a University of Arizona real estate expert, told Business Insider in a past interview.