Not to sidetrack this thread here(though, this IS Dwight talkin'...err...TYPIN' here remember ) I just CAN'T figure out this latest thing goin' on today where people are walkin' away from their homes because its worth far less than what they paid for it a few years back, and ESPECIALLY if these people STILL have jobs and can STILL afford to pay their mortgage?!!!!!!

I mean, 21 years years ago and right before the previous real estate bubble burst, the wife and I purchased a house in SoCal for $233K, and five years later in 1995 it was worth about $150K.

But did WE walk?! NOOOOOOOOOO, we sure didn't. We stuck it out and just before this last bubble burst the thing was "worth" $600K. (wish we could have sold it 3 years ago when it was "worth" that, but Judie was still workin' at LAX, so we couldn't)

And soooooooo, what's up with these people walkin' away from their homes nowadays when they can still afford to pay their mortgages, HUH???!!!

(...I just don't "get it"!!!)


Yep! Just like a good Single Malt Scotch, you might call me "an acquired taste" TOO.(among the many OTHER things you may care to call me, of course)