Walking away from an underwater mortgage is like buying an expensive car at premium price with a car loan with high interest. You made a bad business deal. Nevertheless, if you walk away, you prove you are doubly irresponsible,
1. Making bad purchases and 2. Being unwilling to face the consequences of your actions. Therefore, in the future;
you will have to pay the price for your actions, which may be even more hardship.
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Walking away from an underwater mortgage is like buying an expensive car at premium price with a car loan with high interest. You made a bad business deal. Nevertheless, if you walk away, you prove you are doubly irresponsible,
1. Making bad purchases and 2. Being unwilling to face the consequences of your actions. Therefore, in the future;
you will have to pay the price for your actions, which may be even more hardship.