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A comment on Low interest rates in advanced countries have pushed money into real estate. Parent comment

Re:Low interest rates in advanced countries have pushed mone... by acchow on Wednesday November 24, 2021 @08:27PM (#29337275)
> If you cause his house to be worth $200,000, as it ought to be, regardless of the method, he's going to default on the loan

You are conflating defaulting with underwater loans.

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Re:Low interest rates in advanced countries have pushed mone... by AnthonyMouse on Wednesday November 24, 2021 @08:58PM (#29337467)
That's what people do when they have deeply underwater loans. Who is going to pay a $350,000 loan secured by a $200,000 house when they could just walk away and then go buy a $200,000 house for $200,000?
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