Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

Walking away from an FHA loan
Nearly every state in the US is full-recourse. If one doesn't seek bankruptcy protection, creditors can seek judgement, and collect assets. Foreclosures frequently sell for approximately half the market price. Considering unemployment risk, homes can be risky.  A far better way to accumulate wealth is with equities (stocks).  However, the risk converts from insolvency to liquidation since during times of high unemployment, equities are also cheap, causing any liquidation used to fund current expenses to be potentially ruinous.