What about placing the blame for taking a loan you can't repay on the shoulders of the individual borrower...


I could have easily signed up for one of those "stated income" loans with my good credit score, there were (are) loans available to me that I would only be able to pay back if the collateral increases in value, sure it's a no brainer to make free money on the rising market...

I still live in my crappy little place (good location) which I own free and clear. I think they call it conservative.