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So just cause they got fucked over we all should too?

Negative equity is a problem one doesn't have when a reasonable price is paid at the outset.

That sucks. Play jew games. win jew prizes.

They're called short sales. The banks take an imagined loss.


Walking away from a $300,000 mortgage is not going to ruin your life.

Housing prices are a hilarious thing for politicians to publicly bicker over, because either way they go, whoever is in power will take credit and whoever is not in power will blame. No consistency whatsoever.

If housing prices go up, it's "nobody can afford a home!" If housing prices go down, it's "property values are plummeting!". And the inverse claim for whoever is in power and wants you to think it's good.

There is no winning. Personally, high property values are gay. You may not be able to make money off of your primary residence, but rentals will still be profitable (just not via equity). You may end up underwater, but that just means you can't sell until you're paid up. Not a huge deal.

Wouldn't be the first time that's happened and until we deport all the jews it's not going to be the last.