A mortgage debt crisis is unfolding

PROPERTY is organised robbery, renowned writer and Dubliner George Bernard Shaw once said.

Resigned families packing their homes into boxes and handing over their keys to preying banks and lenders could argue just that.

They could argue that at the very least they were misled. That lenders and banks handed them lavish loans that they could not afford and that ultimately now they have been cheated, robbed of their future.