Not sure they saw it like that when they'd started with a massive mortgage and no one would give them another, so they had to live with his folks while they saved up enough to hit the new LTV requirements.
Swings and roundabouts I guess - if they'd bought at pre-crisis LTVs and values they would have been almost immediately plunged into negative equity and then crapping themselves about being able to refinance when their initial deal expired.
Not sure they saw it like that when they'd started with a massive mortgage and no one would give them another, so they had to live with his folks while they saved up enough to hit the new LTV requirements.