But Ledebur says he loves living in Burbank and wouldn't want to leave. He just doesn't understand why the city can't at least temporarily lower the amount of a loan no one's ever going to pay.
"Every time the market changed, we'd want to go in and change it again," said Burbank Assistant Community Development Director Ruth Davidson-Guerra.
Technically, the council could adjust the amount, "but then it would have to be readjusted when the market goes back up. At this point in time we're saying let's ride this out with everybody else," she added.