[quote=deadzone][quote=sdrealtor][quote=deadzone][quote=sdrealtor] How much satisfaction are you going to get if hardworking families who just wanted homes for their families lose their asses because that is who would get hit hardest?
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If these “hardworking families” over levered themselves to purchase an overpriced house with a mountain of debt, then they took the risk on themselves. But in reality, getting foreclosed on just means they can live rent free for 2+ years, just like the last crash. It’s not the end of the world by any means.[/quote]

I know it’s a foreign concept to you but some people have integrity. Actually a lot of people. That describes most of the people in my life and they simply don’t just walk away from debts that they promised to repay. Their word means something to them as it does to me. I would never walk away from a debt, it’s in my DNA not to. It’sobvious you are filled with bitterness, envy and hatred. For most people real estate has nothing to do with an investment but rather a home for their families. A nice safe place to live and raise their family. They don’t buy homes to get rich. Most people are welcome in my home even those i disagree with as long as they have integrity and are kind of heart. That doesn’t include vindictive bitter folks and i hope in real life you actually have some integrity Edgar[/quote]

Whatever you say Clem. But you would be a dumbass not to walk away from your house if you were underwater and unable to pay. It’s the banks responsibility to deal with that. Nothing illegal, or immoral, or unethical about it. Simply business[/quote]

Kinda like some dumbass here who was the only one stupid enough not to spot the opportunity of a lifetime? The only one! Yeah I know that kind of dumbass