CNN CNN Newsroom September 11, 2013 14:27:00
There was $460,000. now that same home is $206,000. someone, carol, who bought that home at the peak of the howing boom could owe twice what the house is actually worth. carol? >> really an interesting idea. i mean -- i can't determine whether it's a good idea or a bad idea. tell me. what do you think? >> reporter: i mean, you can see it, sort of see both sides, as you can imagine, critics are lining up for this one. several other cities tried to pass this same thing but it was rejected. this tried to go forward in chicago and san bernardino, california, as well. critics say it could open the ...