this post was submitted on 28 Jan 2024
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me_irl

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me🏠irl (lemmy.world)
submitted 9 months ago by [email protected] to c/[email protected]
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[–] [email protected] -2 points 9 months ago (1 children)

I don’t care if my overpriced home drops in value.

If you have a mortgage, the bank cares. And if the bank cares, it can make you care.

[–] [email protected] 6 points 9 months ago

As long as I'm paying my mortgage on time, I can't possibly imagine that it would be relevant to them to do anything about it.

The only reason the bank cares is because they have a lien on the property for the mortgage which would only be a problem if we defaulted on our payments.