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    the unbreakable bond..., 2010-06-01 14:30:45 | Main | weaponizing the freedom flotilla..., 2010-06-02 17:21:32

    staying put:

    James Joyner says people who have stopped paying their underwater mortgages but are staying in their homes until they're foreclosed on are dirtbags, scum, scumbags, stealing from the bank, and deadbeats. James Joyner is a dimwit, a sanctimonious slouch, stealing from the bank, and braindead. By not abandoning their homes until the banks bother to reclaim them the people Joyner is berating are preserving the banks' equity, or whatever will be left of it after home prices finish crashing.

    He'd rather they abandon the homes, apparently, so the property can be looted, squatted in, succumb to simple decay, and otherwise be destroyed and rendered a local hazard, pushing neighboring home prices down even further and pushing more mortgages underwater.


:: posted by buermann @ 2010-06-01 21:21:54 CST | link





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