Xander ,'Dirty Girls'
[NAFDA] Spike-centric discussion. Lusty, lewd (only occasionally crude), risqué (and frisqué), bawdy (Oh, lawdy!), flirty ('cuz we're purty), raunchy talk inside. Caveat lector.
Tim's right. We got conned.
There was an article, I think in the Chron recently, indicating that the highest increase in percentage of people walking away from underwater mortgages were actually wealthy people. They could afford to keep paying the mortgage but it didn't make financial sense so they just took a hike.
A lot of social structures depend on having "the little people" being too hemmed in by expectations to put up a fuss. Don't rock the boat, worry about what others will think of you, etc.
I've begun to think that suicide was made a mortal sin because otherwise all the poor folk would say "Wow, heaven is great, all the horrible stuff in life is made right, I can't wait to get there--hey, why wait?" So the PTB had to quickly say, "No, no, if you jump the line you won't have earned it! You need to suffer poverty and starvation and oppression in order to be *worthy* of a decent existence."
(I may have been thinking bitter thoughts about "civilization" recently.)
Not to mention that owners of houses at $1 million or more were not immediately foreclosed on. One guy in the SF area has been in his house for more than 2 years and hasn't paid on his mortgage at all.
They could afford to keep paying the mortgage but it didn't make financial sense so they just took a hike.
I'm getting there.
I don't even live in my house, so they could swoop in and foreclose the next business day for all I care.
Skipping to ask for some ~ma. I have to tell my boss I fucked up in a way that involves money. Thank god there aren't tools in the office for him to bludgeon me with.
the crappy thing about that is, it will hurt your credit score, and so much is tied to credit scores these days. Not just car/home loans. Applying for jobs checks credit score! Which makes sense for a managerial job that has money stuff in it. But for average joe... I dunno. So yeah, rich folk walk away from real estate that is upside down, because they can afford to have a ding on the credit rating. They have enough collateral to back up any loan they may want to take out.
~ma for Smonster!
he crappy thing about that is, it will hurt your credit score, and so much is tied to credit scores these days.
Only for 7 years!!
Ugh Nora, you may indeed want to walk away from it, if you can take the ding to your credit rating.