Democrats are about twice as likely as Republicans to say it is acceptable to walk away (23% vs. 11%)
http://www.americanthinker.com/blog/...f_step_on.html
Housing debt is bondage. Just walk away.
http://pewresearch.org/pubs/1729/sur...tgage-payments
Blame the bank. It is social justice. The libs say they deserve a home and shouldn't have to pay.
Quote:
More than 9,200 of the loans insured by the FHA in the past two years have gone into default after no or only one payment, according to the Post analysis
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I interviewd an internal fraud expert that told me this 8 years ago.
http://www.washingtonpost.com/wp-dyn...l?hpid=topnews
If a loan "is going into default immediately, it clearly suggests impropriety and fraudulent activity," said Kenneth Donohue, the inspector general of the Department of Housing and Urban Development, which includes the FHA.
Under social justice, every one is entitled to their own home even if they can't pay for it.