Foreclosure Rage!
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Uploader Comments (rasoros)
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@rasoros how was this arson?
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If more people didn't spend their money so poorly they wouldn't need to borrow so much.
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@matelotgeek If that happened, new clauses would be put into contracts. In the end everybody would pay more. By destroying the property, everybody loses. The bank loses and the taxpayer has to pay when the banks go under. This individual is costing you money too!
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@MrDanielTynan that response was back when i was barely waking up, Now I am fully convinced we are all screwed,, this fractional expanding system is at its end , the signs are everywhere on a worldwide scale. The blame is for no one but for all of us as a society and a race.
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Because your average bank teller is to blame for this? Well thought out dude!
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Sad thing is that if you destroy your foreclosed home. . just means you are going to take a tax hit. Normally it would cause your mortgage broker to lose major money..but they got bailed out anyways. WIth your tax dollars!
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THIS CRISES IS FROM THE BANKS AND GOVERNMENT,if you are being forclosed, cancel your insurance, file bankruptcey,get a electric fryer,fill it with oil,turn it on HI, and leave. thats the best way to SCREW the banks.and if asked,you can say oh! i must have forgotten.
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This guy may have single-handedly redefined the meaning of "RAGE QUIT!" ^_^
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These people are fucking crybabies to the n-th degree. Get over the fact you bought the top of the market.
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So because he couldn't afford the house that he took the loan out on he is destroying it? Makes perfect sense. I hate people.
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If you cant affoard your house dont be a total dick at least leave with some dignity.
UBBERTANKER 1 year ago 5
@UBBERTANKER why not go out with a bang? heh... besides, its like the broken window... it will give a bunch of people earn a few bucks fixing. Think "stimulus" lol
rasoros 1 year ago 3
> He owns two other homes that are also under foreclosure.
awesome ! and I hope he destroys them too.
EVERY foreclosed person should do this.
matelotgeek 2 years ago
I have some hesitation against these sort of actions because where the line between "destroying the home" and arson ? Arson is a criminal offense... but how much difference is there between someone burning their home down for the insurance money and a guy like this in the video? Both are causing destruction to property and someone will have to pay (because that douchebag doesn't really own the property.... the bank does.)
Are we ready to endorse arson as easily to his actions?
rasoros 2 years ago
He owns two other homes that are also under foreclosure.
Oops. If he owned them, they would not be under foreclosure.
He was merely a mortgage payer.
If he had no equity, it was as if he were merely a renter.
Soon, it will get really difficult to get a mortgage. This means people will not be able to buy a home unless they can pay cash up front. This is going to get really rough.
countryhorsefive 2 years ago 8
Ya, people will have to start saving up for the down payment on a home. It will be very difficult and many people will feel insulted that they have to put money up front.
rasoros 2 years ago