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When this really happens, selling the property is a wise choice, and you can make a lot more at this point. Even if the property market crashes, you can always
by zhoutong 15y ago
When this really happens, selling the property is a wise choice, and you can make a lot more at this point.
Even if the property market crashes, you can always choose to default. - Nothing lose, this is not your own house.
- ksolanki 15y ago"Even if the property market crashes, you can always choose to default." There is always someone who loses here (investors who have put money in mortgage backed securities?). Intentionally defaulting is not the most ethical thing one could do, and this kind of thinking has partly helped bring the recession upon us, which no-one could escape. No?