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Many people prior to this year foreclosed on their house because they could never afford the house or decided that it was not worth saving a property that was going down in value.


Even if socialist counties you have to meet your obligations. would they let you walk away from your mortgage in Spain or Canada? No, you are RESPONSIBLE( make note of this word liberal, as you know very little about responsiblity) and you can not erase this debt!

What happens, you have a lot less foreclosures and idiot pfizer reps who buy more house then they could, would probably not make the purchase.