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My straw man of "you are not welcome to my property." I believe we have covered this ground! Imagine, if you will, a place where all of a sudden, they did this
by singleshot_ 3y ago
My straw man of "you are not welcome to my property." I believe we have covered this ground!
Imagine, if you will, a place where all of a sudden, they did this. Subsequently, some of the people who live there wanted to leave. But they couldn't because they were trapped in their five hundred thousand dollar house. If they sold it, they couldn't pay off the mortgage because now it's worth three hundred thousand dollars.
Would they be salty? Why or why not?
- rowanG077 3y agoThat's the choice they made when they signed a mortgage they had no chance of paying off. If you don't want to bear that risk then don't get a mortgage.
- singleshot_ 3y agoHow do you think a person gets a mortgage that they have no chance of paying off? Do you think this happens frequently? We’re you assuming that I can’t pay my mortgage off? Why would anyone take out a secured loan that they couldn’t pay? I’m guessing that you probably don’t have a finance background.