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Old 11-08-2009, 03:40 PM   #1
Bob Dog
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Owing more on property than the net worth of it's liquidation value is enslavement.
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Old 11-08-2009, 04:18 PM   #2
Kal-El
 
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Quote:
Originally Posted by Bob Dog View Post
Owing more on property than the net worth of it's liquidation value is enslavement.
Yes, but isn't that the position that every homeowner takes when signing a mortgage?

But I do agree with you that no one should put themselves upside down on a car loan.
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