Originally posted by benrl
I can see why these people are doing that, I could only imagine the anger at being forced from a home by an uncaring bank.
Do you really think any of these young people at these parties were actually evicted, or actually owned a house in the first place.
I agree that banks are stupid...but it goes both ways, MANY stop paying their mortgages once their homes lost 30% value over night. Also many stopped once their extremely low interest/no principal payment loans started to go up on a variable rate. They still stayed in the homes for a year plus without making any payments or doing anything but living free for as long as they could. After my mom passed away my sister stopped paying house payments and is still living there for over a year. She drove my mom into bankruptcy and the house was upside down due to the economy and a 2nd on it, so no money to be made if she tried to sell it. She just lives there caring little and when she is finally forced out she will just move into an apartment.