Can't pay the mortgage? Be glad you are in the US!
In the country of Dubai, if you don't pay your mortgage, they may have a new albeit smaller accommodation for you. http://tinyurl.com/cetw4h
Who in Dubai needs a mortgage. I thought they were all rich with U.S. oil money.
Lenn,
In fact, Dubai actually does not have oil! Take a look at the article and you'll see what's up there.
It's always interesting to see what's happening in other parts of the world. This handbasket is getting crowded!
I am still amazed that the government is literally talking about subsidizing mortgages for Americans.
Wow, talk about polar opposite from how we handle inability to pay debt. Incredible. Going to jail or the goverment paying debt for you? Hmm, both sound like bad ideas to me.
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