Our society has become so much oriented toward
rewarding irresponsibility
and
punishing responsibility
that I’m not sure we can pull back from this “over the cliff” ride we’re on.
I can’t really blame her though. They’re handing out “free” money, why be the one stuck holding the bag? Since property values have dropped off the cliff here in AZ, a lot of us who have no problems paying our mortgages are now headed for trouble because our mortgage loan/property value ratio is upside down. We just made the mistake of buying at the wrong time.