Arraya there is no difference between someone who knowingly gets a loan to buy a home and then never makes a single payment and squats for as long as they want until they are evicted, and people like Bill, and also people who behave in the manner you are proposing.

It is one thing to come on hard times and default. It is another thing to take advantage of the system that is corrupt, broken, and subsidized by taxpayers. Your posts have NOT ONE SINGLE DROP of personal responsibility from the buyer but are filled with blame for the banks, blame for govt, blame for everything. Yes WE ALL sit here and agree that it is everyone elses fault for not foreclosing quickly. We all know that. Yet not everyone here shares your “we should all not pay our mortgages and live for free cuz the system is all f’d up”. Try to come with a new take, we all know the system is f’d up, we all know there is greed and corruption everywhere yet it appears to me that most of the homeowners on the post here choose to make payments.

Like I said, if I were in the unfortunate position to be a deadbeat, I would show remorse, humility, and shame. I would not display bravado, nor would I blame the banks, the govt, the mortgage industry, the real estate industry and everyone else. I would blame myself for being a stump and buying into the hype. I would not brag about how much money I make on the stock market, or travelling around the world, or how much money I am saving by living for free.