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Real Estate
Reply to "Tell me how to get out of my underwater house"
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[quote=Anonymous][quote=Anonymous]This whole idea that it is immoral to walk away from an underwater house is part of the same morality that has so many people in the 99 percent voting for the ex-head of Bain Capital. It is like people in this country enjoy being screwed for the benefit of billionaires in the financial industry.[/quote] I don't follow the logic here. Surely Democrats like myself (and presumably like you) would agree that walking away from a financial obligation for the reasons the OP listed undermines the social contract and the greater good. It seems like more of an Ayn Rand perspective to suggest that it's fine to walk away from an obligation because it appears to be in our self interest. If the OP and her husband couldn't afford the condo payments and were on the verge of bankruptcy as a result of meeting their obligations, it might be a different story. Instead, it seems she just doesn't like the place. That does not translate to "being screwed by billionaires in the financial industry." [/quote]
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