4 ms·
You don't even have to do without a cell phone if you don't want to be locked in - you can pay full price for the phone (usually ~$200 more), buy a used phone,
by rsheridan6 18y ago
You don't even have to do without a cell phone if you don't want to be locked in - you can pay full price for the phone (usually ~$200 more), buy a used phone, or get one of those pay-as-you-go plan. That's what I did. Dammit, should have signed a contract and waited for the government to get me out of it.
- maxharris 18y ago"Dammit, should have signed a contract and waited for the government to get me out of it." I'm pretty sure that you were just kidding, so I'm not directing this at you, but it is worth saying anyway: there are quite a few people (not all) that bought into subprime mortgages precisely because they thought they could get something for nothing, and that the government would "do something" (bail them out) if their overreaching got them into trouble. A fraudulent mortgage is a way bigger deal than a stolen phone, but the difference is just a matter of scale.
- dreish 18y agoI don't think this is correct. My impression is that most people who bought houses with problematic mortgages either didn't understand the terms, or got mortgages with low introductory rates and thought they could exit before the rates started resetting because the housing market was so hot they'd always be able to resell at a huge gain, or use their lower LTV to refi into a better mortgage. And it's interesting that you bring up mortgages -- the clearest example of how your Libertarian ideology breaks down: what my new neighbor and a bank privately contract to do _will_ affect the value of my property over the next few years.