I heard a story from a credible source yesterday, a frame salesman. It's the flip-side of the welfare queen story.
An ophthalmologist in South Jersey makes over a million dollars a year. He owns a rental property, which has 4 units, at $2,000 per month. Three years ago, he refinanced, taking out a significant portion of the equity. Two years ago, he decided to stop paying his mortgage. He's going to pocket $8,000 a month during the foreclosure process, and then he'll walk away, screwing the bank, the taxpayers, the tenants, and who knows who else?
Asshole.
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"I'm certainly free, nay compelled, to spread the gospel of Spex. " - xoxoxoBruce
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