Comments on: Little blog break

By: Abigail

Abigail — Thu, 19 Mar 2009 23:52:06 +0000

Oops, I put that on the wrong post. Any chance you could repost it on the "mortgage help" post?Abigail's last blog post..Should our economy fail?

By: Abigail

Abigail — Thu, 19 Mar 2009 23:51:12 +0000

I completely agree about how silly it is to leave just because you’re upside down on your mortgage. So long as you can make the payments, at least you have a place to live, while you wait for the house to re-appreciate in value. I ranted about this subject for awhile — well, about upside down mortgages and taking responsibility for the gamble of buying a house, which didn’t work out — and a reader tried to rationalize her situation. (They were trying to sell a place they were “upside down” on, and they were basically giving up on the debt leftover.) I felt bad for her, but some of her reasons made no sense. You can read it here if you like: http://ipickuppennies.blogspot.com/2008/09/forget-respect-id-take-little.html

But overall, people should probably just get rid of the notion that they NEED to have a house. It’s nice but it’s not a right. And that belief got us into this mess.

Abigail’s last blog post..Should our economy fail?

By: FrugalChick

FrugalChick — Wed, 18 Mar 2009 02:15:05 +0000

Have fun with your family!FrugalChick's last blog post..Treat yourself at home

By: Nate @ Debt-free Scholar

Nate @ Debt-free Scholar — Mon, 16 Mar 2009 23:47:12 +0000

Hope you have a great visit! :)-NateNate @ Debt-free Scholar's last blog post..Book Review: American Government (CQR)

By: Mrs. Money

Mrs. Money — Mon, 16 Mar 2009 21:37:09 +0000

Have a good visit! :)Mrs. Money's last blog post..Sunday Link Love