[quote=pabloesqobar]
On the other hand, some folks have a lot of time on their hands and get some kind of malicious glee by exposing random people who got in over their heads during this real estate run-up.
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Well, I don’t mind those people blowing off steam. They are the ones living within their means and having to pay for these peoples mistakes.
Being mad at people who “got in over their heads” is a natural reaction. Many didn’t, many are renting, many bought less house, many moved out of state. The “victims” of the housing bubble simply were greedy. They could be ignorant too, but they all were greedy in some way.
For the OP friend, nobody in CA should have a house purchased over 20 yrs being foreclosed on.
Newspapers love to point out the grandma being thrown out onto the street but routinely ignore the hundreds of thousands of dollars they bilked the banks and will never pay back. Yet if you point that out you are a heartless bastard instead of them being the stupid criminal.
