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>2010 was 12 years ago, but millions of Americans still suffer the consequences of the 2008,2009 financial disaster and may well continue to do so the rest of t

>2010 was 12 years ago, but millions of Americans still suffer the consequences of the 2008,2009 financial disaster and may well continue to do so the rest of their lives. True, but don't forget that some of those millions also received tax-free loan forgiveness and walked away from their under-water properties with relatively little harm (mainly emotional distress from being a debtor for a while and having to move).

johnohara 5y ago
"Walking away" was literal in many cases. I remember seeing homes with a pile of "all our belongings" in the driveway scheduled for removal by contracted help loading dumpsters. Toys, bikes, exercise equipment, couches, headboards, etc. A huge pile after the family walked away 5 days prior. It's one thing to talk about it, it's quite another to watch the dumpster get hauled away with handlebars sticking out the top.