Your brother-in-law made some disastrously bad financial choices, apparently.
Yes - him and half a million other UK households
still in negative equity - not to mention those who sold at a loss. But to suggest that it was a choice on his/their part is to misunderstand the
debt based economy.
[img ]http://www.workableeconomics.com/wp-content/uploads/2012/07/MoneyVsDebtProgress-InflAdj1.jpg[/img]
Kind of reminds me of The Great Depression/the Installment Plan. History repeating. The punctual always have to pay the price for the tardy - or, to put it another way, the little guy always picks up the bill.
Not sure what you're trying to say. Is it that your brother-in-law
didn't make some disastrously bad financial choices?
He did, unless you consider paying a mortgage on nonexistent property a win.
Since he's making those payments -- not living behind some dumpster; not considering being bailed out himself, via personal bankruptcy, the small-time loser's bailout, he could be doing worse.
Yes, poor people always get the short end of the stick, always have, probably always will. Life's unfair like that, Snowflake. Your brother-in-law, otoh, is far from poor. Half of mankind is living on less than TWO DOLLARS A DAY, you entitled prick.