Yeah so I was over at the board that I found for foreclosure support and I got kinda pissed, no not kinda pissed I guess really pissed at a post. Now I responded well as I can be very diplomatic in my replies to people even if I am  mad and even when I think they are spewing nothing but crap. I actually pride myself in this ability as I know some people just do not have that kind of personality. I am passionate but always respectful.

Anyway the post started was by a rental investor and the first sentence was "We used to be rich, really rich but now we are losing it all". Mmm k that sets the tone nicely. Basically this poster and a subsequent poster are rental property owners, who through the bubble burst, have lost their life savings or are close to it. OK that sucks I get it, but they are just coming at the people who are strategically defaulting like they are the anti-Christ. Stating things like "I hate to say this but if I had to do it all over, knowing these people with no money down to few thousand dollars down invested to bring down the market, I would not have cashed out everything to make these payments". Well let me tell you these statements as well as others made my hackles go up. As I said I was diplomatic in my reply, however what they fail to realize is that in my state for example it's those investors that drove up prices so high that people like me had to pay astronomical amounts for homes; and that THEY artificially drove prices up and caused builders to continually build on all available land to keep up with demand. It was crazy when we bought. I can't tell you how many homes we were interested in only to find out while trying to make offers that cash investor swooped in with wads of cash and bought them before we could even negotiate!

I replied that while we may not have put mass amounts of money down, we have put so much money into necessary updates into this home that we will never be able to recoup nor take with us, so while little or no money down might piss them off it does not mean we or others are not out money that was hard earned as well; not to mention the payments we made for the entire five years we have been here. To me the only difference is we are making a choice to leave before it sucks us dry and they chose the opposite. We all make choices and they all have their own repercussions.This is a business decision we are choosing to leave they chose to stay. It is not my fault that the laws are stricter for investment properties, or that they may live in a recourse state. Whether homes were bought for personal use or as rental properties they were still bought with the thought that they would be assets, I mean that is what we have always been told in the country; that home ownership is an investment in your future. So regardless of what the property was bought for we are all losing investments!

Anyway I ended my replies with "I wish you both the best and I am sorry for you as well as all of us going through loss of a home regardless of whether it is by choice or not". I truly feel this way. To me it does not matter what the situation is surrounding the loss of your home it is still traumatic and sucks whether you lose a ton of money or not, there is more to lose than just money when losing a home. While I am sorry that they as well as others lost a substantial amount of money that it is really irrelevant. Money no matter the amount is always hard earned and just because you started with more and lost more makes you no better than me. I think for one we need to stop blaming the other side, put the blame where it belongs on big banks and the government. I was just rubbed the wrong way. TO ME it felt as though I/we should have more sympathy for those who chose to invest large sums of money into investment properties and now they lost it. Lets stop playing the blame game. You had a ton of money and lost it, I was cautious with my cash, but I am still losing. In the end I feel sorry for all of use, but we all have to live with our choices.