Home › Forums › Housing › Underwater Homeowners Thread › paramount wrote:For the
[quote=paramount]For the record, I am old school and bought well within my means, made a sizable down payment (~10%) and have a fixed 30 year loan.
Why did the bubble expand so much? Mainly due to lies.
Just like death is the ultimate cure for all diseases, foreclosure is the cure to this financial disease. Walk away.[/quote]
The bubble expanded because of GREED. GREED. GREED.