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Theoretically: What happens if ALL homeowners stop paying their mortgage?
2011 Mar 17, 6:04am 15,260 views 55 comments
by dcllee follow (0)
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55
solver
@
2011 Mar 19, 6:06pm
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