I wouldn’t advise anyone to just walk away from their home but the article below makes a lot of good points as to why people would think of doing it especially if the Obama Plan doesn’t help them.
http://finance.yahoo.com/loans/article/106750/Thoughts-on-Walking-Away-From-Your-Home-Loan

Located in South Florida, Justin Miller has established himself as a leader in the mortgage community for his expert advice and understanding of the current real estate climate.
I cant get this link to work.
It works.
I couldn’t get the link to work either. 404 Error – File not found.
It should work now.