it's not your house
"It's like that aesop fable. The lazy one spends the whole summer having fun, the boring one gathers food. The lazy one then has no food when it becomes winter, so the boring one shares it food with the lazy one.
The moral of the story is, being lazy PAYS OFF. win/win situation for the lazy one."
Stumbled upon this in the World of Warcraft Europe forums in relation to something else, but found it very applicable to people who take out mortgages for houses they cannot afford and then default on it. The suggestion that these type of people be helped to keep possession of a house they stole from a bank is absurd. Anyone who defaults on a debt should be legally locked into having all their future earnings above the minimum wage automatically confiscated to repay their creditors. I recall reading something similarish to the above, bankruptcy law looks like a very interesting topic. I should look into a bit more before making any more uniformed warblings.
