Theoretically: What happens if ALL homeowners stop paying their mortgage?
invite response
2011 Mar 17, 6:04am 14,867 views 55 comments
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Not really, I live out here in the Inland Empire. I did the drive by after lunch at Wahoos. lol No you didn't victimize me. I'm sorry you're feeling victimized by my blog. You just happened to fire me off on a subject that's near and dear. Lot's of our friends are in a pretty nasty predicament and many of them are being victimized.
So, and since I do happen to cover a very large area of territory weekly, I'm going to make it a point to better support our teachers. After all, they do represent the future of our children and our country.
My being out a gallon of gas, is not quite the level of sacrifice that others are being MADE to make. The point of it all is, AWARENESS. Awareness of reality. Like NEO from "The Matrix", I've decided to see the truth for what it really is.
Conversations are happening in the shadows of everyday life. A few weeks ago, I met a passionate couple who are moving out of California for much of the same reasons as are discussed weekly in this blog, among other insecurities. The funny thing, is that many of us just don't know when to get out of the water. Some of us just haven't made that connection yet. Some of us don't need to.
One thing is for sure. If we don't get a grip on this, sooner, or later, we're doomed.
Beware of little expenses; a small leak will sink a great ship.- Benjamin Franklin
Well, thanks for the compliment. I'm proud to be this retard. What are you proud of?
Funny how people have to attack by name calling, instead of raising real issues to attempt to discredit someone. Well now, you sure told me and you did it in one bold sentence. Now what, GENIUS?
Just amazing. Congratulations, on being so articulate with your observation.
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What happens if all home "owners" (those who still have a mortgage) decided collectively that they would stop making payments each month? As we can see the banks are already struggling to re-sell the homes people are walking way from. It will really show these bankers who's the boss, when they are left with a bunch of wood and brick. Would the government step in and make people pay their mortgage?
#housing