Life is simple for me because I call them as I see them. I have posted plenty before about people who feel entitled to act or behave in a certain manner due to their own mistakes. If Bill “rented” a home from a landlord he would have been evicted long ago.
FSD like you I stopped understanding commentary about how our economy benefits from deadbeats but I think Brian likes to argue simply to argue rather and even he doesn’t honestly believe what he wrote.
People who run businesses, have to meet payrolls, are landlords, and/or and have accomplished goals in life through hard work have a better understanding of integrity. The underlying fundamentals of capitalism are those of credit and trust. Entitlement is not one of them, thus for every deadbeat who feels entitled to act in that way, the cost of credit does incrementally grow. If our govt had a clue they would not reward this behavior to individuals OR to the lame banks that lent them the money. In reality we should have sky high rates, and much lower prices. I am okay with people walking away from homes and loans. If people want to stop paying and feel good about living for free then that is their prerogative. Why stop there though. The same opportunity is available with credit cards as well.
Two classes right? The working class and the entitled class. Bill you feel entitled to live for free correct? Why? Is it my fault you signed the loan docs? Is it the lenders fault? Did someone hold a gun to your head?
Yes I am bitter not so much because of your behavior but because our govt has institutionalized and validated your behavior. We all should “help” people like you and help modify your loan, reduce your loan balance because why? Tell me again? Because you signed the loan docs.
Arraya the stupid decision to buy was Bills. The wise decision by Bill to stop paying is good for Bill alone. The decision to look at himself honestly and say, okay I will mail the keys in to the lender and go rent an apartment should be Bills and anyone else who wants to behave in that manner. However “wise” you think it is to pawn the cost of shelter off to someone else is beyond me. Why not make a habit of it? Go find a home, buy it using 100% financing and never make a payment. What is the difference in that behavior Arraya?
You don’t get it. I am not berating Bill the deadbeat for walking on his loan. I am berating him for not leaving his home. Same with you or anyone else who is living in a home for free because THEY made the initial mistake. All I ask is that you move out and live somewhere you can afford? What is wrong with that?
Answer one question, what entitles someone to live for free?
