Reading about the “global financial crisis” and the “real estate bubble,” many things come to mind. I remember sitting in school and listening to teachers and adults talk about the financial crisis, but I didn't really know what it meant. I remember hearing about other people's parents being fired or forced to move, but never experiencing it myself. The little bubble of my world was safe and no one explained to me what was really going on. Until high school. In high school I took a financial literacy course. That lesson opened my eyes to so many things. I remember watching videos about the financial crisis. My teacher told us that he lost thousands of dollars when the stock market crashed and that he had to rebuild his retirement fund. I remember watching videos about foreclosures, big companies being bailed out by banks and the government, and so much more. Even now I don't fully understand the situation. How could something like this happen? Bringing the world into crisis and fear, how is it possible that so many people have lost their jobs, their homes, their way of life in such a short time? Many people lost their jobs and were unable to pay their mortgages, leading to evictions and foreclosures. There is a system in place whereby a person at risk of being evicted can make a payment plan and could potentially get their home back. Other times the house is seized and resold to raise money or it is auctioned and purchased by third parties. Working with the homeless, I am amazed at how many people actually don't have a home. Many people don't have jobs to pay for housing, have lost their jobs and eventually lost their homes, have made bad decisions with illegal drugs and been unable to make payments, or are simply earning their compensation... half paper. .....and jobs, but I would like to cut to the chase and talk about the issue. How many more people could get out of foreclosure or actually buy homes if they could earn a living wage? How much more money could circulate in the real estate sector if more individuals belonged to the lower middle class or even (dare I say) the middle class? All these upper middle class individuals strutting around, buying property is SO wonderful, I'm so happy they can afford three houses AND a yacht to spin money into real estate. What about the mom who had to rent apartments for 10 years due to foreclosure and the effects it had on her credit? Fix Cancer and you'll be swimming in all the cash flow you want in real estate. Then no one will have to ask for essays on foreclosure anymore, because it will be something taught in history books.