Frankly, doing a calculation and deciding to stop paying the mortgage is a scum bag move. These people need to be taken out back and beaten.
I know several people who think this way – they’re upside down so fuck it, I’m not paying anymore. One of them even has a rental unit that he’s collecting rent on but not paying the mortgage. It makes me sick. Another acquaintance lost a business, got foreclosed on, then ran out and bought a brand new Range Rover. The sense of entitlement is breath-taking.
Oops, the car is dented, I’ll stop making payments. Oops, my wife has cancer, time for a divorce.
