Quote:
Originally Posted by Rick162
Well Ben, my neighbor built two spec houses" To Make Money" and smokes in bed doused in gasoline and he walked away from those "investments". and you know what he probably isn't going to make his credit card payments either or pay his property taxes, or parking tickets either. I guess I'll pay for that too through higher taxes.
|
I know many who did the same thing, and all they are punished with is bad credit. The banks take back the houses and they don't have to pay back the debt. I lost 500k in a business, and I had to pay that money back. These people were flipping houses as a business and when it goes south they just walk away. I would like to see these people in prison.