> Sure, but wouldn't be better for most people in this situation to simply default on their current debt You say that, but, in a year or two when your rent has

> Sure, but wouldn't be better for most people in this situation to simply default on their current debt You say that, but, in a year or two when your rent has gone up so far that you have to move, you're looking at awful credit. Then how do you get into an apartment where they do credit checks and they see you've got awful credit. Those apartments will either charge an arm and a leg in security deposits, or deny you.