Yes, I get that. It's still profoundly different from the life-shattering experience of loosing a home.

And that calculation is still only 'on paper'. No actual money is being deducted, and it's still only applicable at this present time. Whatever money isn't earning so much in a savings account today is still there to potentially earn lots more tomorrow. I'm sure in the long term, even the medium term, savings will still increase in value.

In the mean time why should anyone be exempted from the current climate because of how smart they think they are? It's a bum deal for almost everyone, but not earning so much (or loosing on paper) is in no way comparable to loosing a home, and the suggestion that anyone who does somehow deserves to through being "greedy" actually made me feel a little bit sick.