Everything is fucking relative...
Everyone lives at the top (or near) of their means... I don't understand how people can't fathom that when you make $50k, you may have a $200k mortgage... when you make $500k, you may have a $2M mortgage...
When times are tough and you can't afford your mortgage, the same thing could happen to either person... a $2M mortgage is serious fucking business... It's not like you can just "work more hours" at that level or "get a second job"... Most likely you're already a business owner and that's where your money is coming from.
Sometimes to keep the business you've gotta make sacrifices... if that means ditching a home you can no longer afford the mortgage on, you gotta do what you gotta do. Especially when you're supporting multiple employees.
I would argue that the people in default on their mortgages at the bottom of the rung... could EASILY go out and get another job or work day labor.
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