Report shows strategic defaults increasing

[Arraya]

[quote=SD Realtor]Arraya there is no difference between someone who knowingly gets a loan to buy a home and then never makes a single payment and squats for as long as they want until they are evicted, and people like Bill, and also people who behave in the manner you are proposing.
[/quote]

Says who

[quote=SD Realtor]
It is one thing to come on hard times and default. It is another thing to take advantage of the system that is corrupt, broken, and subsidized by taxpayers. Your posts have NOT ONE SINGLE DROP of personal responsibility
[/quote]

Sure, they do. I support people being personally responsible, like bill is doing and I could give a fuck about him living for free. It does not affect me one bit. he is acting within legal guidelines and doing what’s best for himself. Why do you think he should not act in his own personal best interest? Why do you support him being irresponsible to himself? Why are you showing disdain for personal responsibility?

[quote=SD Realtor]
Like I said, if I were in the unfortunate position to be a deadbeat, I would show remorse, humility, and shame. I would not display bravado, nor would I blame the banks, the govt, the mortgage industry, the real estate industry and everyone else. I would blame myself for being a stump and buying into the hype. I would not brag about how much money I make on the stock market, or travelling around the world, or how much money I am saving by living for free.[/quote]

So you can understand the action but are unsatisfied with his own personal narrative. Or are you angry that he wised up?

I don’t blame you for all the houses you sold during the bubble years which contributed to the bubble. you were just a product of your environment working in your own self interest just as Bill is a product of his doing the same. Though I do accept the possibility that people in RE have more “blood” on their hands than bill does.

The problem is we have a society where individual interests are not inline and often at odds with others individual interests and it will be the death of this society.

We are a fundamentally bad design.

[briansd1]

[quote=SD Realtor] Jeez when we were teenagers we would make some scratch by doing yardwork and weeding. We would go to the store by tons of weedkiller, use it, fill the containers back up with water and return them. So because the hardware stores had a f’d up system, that justified our actions? We should get away with it because we could get away with it? The hardware stores were making tons of money anyways by taking advantage of dopey consumers and selling them all crap they didn’t need so that makes it okay?

Fortunately we grew up and looking back we realized we were aholes and acting purely in our own self interest and if everyone in society did that things would really suck.[/quote]

That’s very different.

What you did was stealing weed-killer from the store.

Bill did not do anything illegal. And he’s living up to his end of the contract. The bank is not exercising its remedy.

[quote=Arraya]
The problem is we have a society where individual interests are not inline and often at odds with others individual interests and it will be the death of this society.

We are a fundamentally bad design.[/quote]

Yes, for sure.

But it doesn’t mean that we can’t improve the design. 😉

What Bill did is no different from someone sheltering his money because a loophole in the tax code, just because he can — like a builder shifting profits to capital gains rather than ordinary income.

[briansd1]

[quote=SD Realtor] Jeez when we were teenagers we would make some scratch by doing yardwork and weeding. We would go to the store by tons of weedkiller, use it, fill the containers back up with water and return them. So because the hardware stores had a f’d up system, that justified our actions? We should get away with it because we could get away with it? The hardware stores were making tons of money anyways by taking advantage of dopey consumers and selling them all crap they didn’t need so that makes it okay?

Fortunately we grew up and looking back we realized we were aholes and acting purely in our own self interest and if everyone in society did that things would really suck.[/quote]

That’s very different.

What you did was stealing weed-killer from the store.

Bill did not do anything illegal. And he’s living up to his end of the contract. The bank is not exercising its remedy.

[quote=Arraya]
The problem is we have a society where individual interests are not inline and often at odds with others individual interests and it will be the death of this society.

We are a fundamentally bad design.[/quote]

Yes, for sure.

But it doesn’t mean that we can’t improve the design. 😉

What Bill did is no different from someone sheltering his money because a loophole in the tax code, just because he can — like a builder shifting profits to capital gains rather than ordinary income.

[briansd1]

[quote=SD Realtor] Jeez when we were teenagers we would make some scratch by doing yardwork and weeding. We would go to the store by tons of weedkiller, use it, fill the containers back up with water and return them. So because the hardware stores had a f’d up system, that justified our actions? We should get away with it because we could get away with it? The hardware stores were making tons of money anyways by taking advantage of dopey consumers and selling them all crap they didn’t need so that makes it okay?

Fortunately we grew up and looking back we realized we were aholes and acting purely in our own self interest and if everyone in society did that things would really suck.[/quote]

That’s very different.

What you did was stealing weed-killer from the store.

Bill did not do anything illegal. And he’s living up to his end of the contract. The bank is not exercising its remedy.

[quote=Arraya]
The problem is we have a society where individual interests are not inline and often at odds with others individual interests and it will be the death of this society.

We are a fundamentally bad design.[/quote]

Yes, for sure.

But it doesn’t mean that we can’t improve the design. 😉

What Bill did is no different from someone sheltering his money because a loophole in the tax code, just because he can — like a builder shifting profits to capital gains rather than ordinary income.

[briansd1]

[quote=SD Realtor] Jeez when we were teenagers we would make some scratch by doing yardwork and weeding. We would go to the store by tons of weedkiller, use it, fill the containers back up with water and return them. So because the hardware stores had a f’d up system, that justified our actions? We should get away with it because we could get away with it? The hardware stores were making tons of money anyways by taking advantage of dopey consumers and selling them all crap they didn’t need so that makes it okay?

Fortunately we grew up and looking back we realized we were aholes and acting purely in our own self interest and if everyone in society did that things would really suck.[/quote]

That’s very different.

What you did was stealing weed-killer from the store.

Bill did not do anything illegal. And he’s living up to his end of the contract. The bank is not exercising its remedy.

[quote=Arraya]
The problem is we have a society where individual interests are not inline and often at odds with others individual interests and it will be the death of this society.

We are a fundamentally bad design.[/quote]

Yes, for sure.

But it doesn’t mean that we can’t improve the design. 😉

What Bill did is no different from someone sheltering his money because a loophole in the tax code, just because he can — like a builder shifting profits to capital gains rather than ordinary income.

[briansd1]

[quote=SD Realtor] Jeez when we were teenagers we would make some scratch by doing yardwork and weeding. We would go to the store by tons of weedkiller, use it, fill the containers back up with water and return them. So because the hardware stores had a f’d up system, that justified our actions? We should get away with it because we could get away with it? The hardware stores were making tons of money anyways by taking advantage of dopey consumers and selling them all crap they didn’t need so that makes it okay?

Fortunately we grew up and looking back we realized we were aholes and acting purely in our own self interest and if everyone in society did that things would really suck.[/quote]

That’s very different.

What you did was stealing weed-killer from the store.

Bill did not do anything illegal. And he’s living up to his end of the contract. The bank is not exercising its remedy.

[quote=Arraya]
The problem is we have a society where individual interests are not inline and often at odds with others individual interests and it will be the death of this society.

We are a fundamentally bad design.[/quote]

Yes, for sure.

But it doesn’t mean that we can’t improve the design. 😉

What Bill did is no different from someone sheltering his money because a loophole in the tax code, just because he can — like a builder shifting profits to capital gains rather than ordinary income.

[briansd1]

[quote=Aecetia]You never keep ill gotten gains.[/quote]

Did you ever visit the Biltmore Mansion or the mansions in Newport, RI?

[briansd1]

[quote=Aecetia]You never keep ill gotten gains.[/quote]

Did you ever visit the Biltmore Mansion or the mansions in Newport, RI?

[briansd1]

[quote=Aecetia]You never keep ill gotten gains.[/quote]

Did you ever visit the Biltmore Mansion or the mansions in Newport, RI?

[briansd1]

[quote=Aecetia]You never keep ill gotten gains.[/quote]

Did you ever visit the Biltmore Mansion or the mansions in Newport, RI?

[briansd1]

[quote=Aecetia]You never keep ill gotten gains.[/quote]

Did you ever visit the Biltmore Mansion or the mansions in Newport, RI?

[NotCranky]

How can anyone badmouth Realtors? They are dieing to reach out and help the suffering….short sale experts care most is seems.

http://activerain.com/blogsview/1516674/silent-suffering-in-luxury-markets-foreclosure-instead-of-short-sale

[NotCranky]

How can anyone badmouth Realtors? They are dieing to reach out and help the suffering….short sale experts care most is seems.

http://activerain.com/blogsview/1516674/silent-suffering-in-luxury-markets-foreclosure-instead-of-short-sale

[NotCranky]

How can anyone badmouth Realtors? They are dieing to reach out and help the suffering….short sale experts care most is seems.

http://activerain.com/blogsview/1516674/silent-suffering-in-luxury-markets-foreclosure-instead-of-short-sale

[NotCranky]

How can anyone badmouth Realtors? They are dieing to reach out and help the suffering….short sale experts care most is seems.

http://activerain.com/blogsview/1516674/silent-suffering-in-luxury-markets-foreclosure-instead-of-short-sale

[Author]

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