Nevada Desert Drowning as Underwater Loans Hurt Schools, Police

iHSOaDY_PIes1_thumb Nevada Desert Drowning as Underwater Loans Hurt Schools, Police

Tamara Harris and her neighbors are gambling that lenders won’t foreclose on their Spanish-style homes in the Las Vegas neighborhood of Southern Highlands.

Harris, 38, stopped paying her mortgage three years ago after her accounting business lost its biggest client and her home’s value plummeted 52 percent. Some neighbors are also delinquent on their mortgages.

“There are so many people like me who aren’t paying their mortgage so they can buy groceries and gas,