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I really don't get it either. What I don't understand is why people thought they could afford these homes in the first place (not just the folks on the vid., but everyone whining about their adjustable rate mortgages which have since doubled) or folks that bought with interest-only mortgages.
Did they not read what they were signing? Yeah, there were and are predatory lenders out there, but nobody forced these people into signing anything, now they deserve a free pass?!?
I guess as has been mentioned, it is the entitlement thinking and instant gratification that so many people seek---which go hand in hand--"they deserve it".
It seems that since I am paying my mortgage(fixed) and line of credit(adjustable) that I am a sucker. Screw these people, they just piss me off.
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Eric
83 911SC/83 944
bunch of Honda 750s
69 Chevrolet C-20 Longhorn (family heirloom)
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