watuppp-
If you could go back to before you made your purchase, would you still go through with it?

I can see from your point of view why the decision to walk is basically a no brainer.

Then again, I think that’s becoming symptomatic of our society’s entitlement mindset, and growing inability to take responsibility for their actions both morally and legally.

As I said above, given the choice of bailout or homeowners walking the less of two evils is the latter. As a renter I want values to drop, but I’d rather see consumers and politicians make fiscally and morally responsible choices. Sadly these days that’s far too much to ask.