[quote=UCGal]I don’t understand how people thing they should be able to keep a house they are not making payments on…[/quote]
One word…Entitlement.
Yes, that is where this country has gone. The masses are entitled. I see this with friends and family on just about a daily basis.
Things that were once luxuries are now necessary to survive in some parts of the country. We’re living in an era where BMWs are just about as common as a Honda or Toyota. Not too long ago when I was single, I was introduced to Coach. Just about every young lady I met had a Coach purse or at the very least scheming on getting at least one. Many had multiple high dollar designer purses.
I always posed the question, “why do you need a $300+ purse when you rarely have more than $10 to put in it”?
That question was always met with a look of confusion. As long as they, could afford the minimum payment on the credit cards and could get more cards, all was good. After all, they were cute. Being cute trumps all.
The same attitude can be applied to any object. Housing is a perfect example.