True, but the difference is all about what happens when you can't pay the 10% in... | Hacker News

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		guiriduro on Nov 22, 2022 \| parent \| context \| favorite \| on: Why Twitter didn’t go down: From a real Twitter SR... True, but the difference is all about what happens when you can't pay the 10% interest or get into significant negative equity. If you can just walk away, then you have "rich person accounting."

lmm on Nov 22, 2022 [–]

Mortgage loans are non-recourse in several states. A lot of people can and should just walk away from their mortgage.

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