Alex, that’s the craziest thing I’ve ever heard. I may very well be able to afford to take the hit you describe, but I would be extremely upset about it. It would mean that the $200k I’ve saved over the past few years was effectively flushed down the toilet. You’re right, I could handle it, but I just don’t want to. Especially since that money would have been sacrificed because of a bunch of Kool-Aid drinking fools who artificially inflated the housing market.
