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Man demolishes house before repo

June 19, 2009

With all the tragic foreclosures going on, it’s nice to see at least one person getting some satisfaction from losing his home to the bank.  My guess is this: if people were going to destroy their homes before the bank reposessed them, the banks would be much more flexible.  Or maybe, the destruction of foreclosed homes would help to stem the glut of homes on the market, meaning that the bottom of the housing bubble might finally arrive.

In either case, it’s refreshing to see one man who refused to walk away with nothing, not even satisfaction.

Enjoy the video.

Related:
Worse than subprime? Other mortgages imploding slowly

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