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@dabe0ad5 I feel so incredibly sad for other countries without fixed rate mortgages
People will just stop paying as the economy collapses. In the US, a borrower can cram down the amount owed to current value in Chapter 13 bankruptcy. The banks are fucked.
@dabe0ad5 How the fuck lol
@dabe0ad5 Yeah, well...Socialism pretending to be capitalism still doesn't make it Capitalism.
@dabe0ad5 Remind me, is this wonky ARM / accruel contract behavior or people just not paying their mortgage payment in full?
