(Poll created )
Submitted by editor

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Your friend has a condo that he paid $400k for, owes $300k on the mortgage and it is worth $175k - and asks your advice.

What do you do?

keep paying the Mortgage, the market will come back.
Suggest he rent out the spare bedrooms to illegal aliens
Suggest he stop dating for the next 10 years
Go out together and get drunk
Offer to buy it for $125k
Find new friends who aren't loosers [sic]
Offer to lend him $125k without a mortgage
Commiserate
Try to sell him life insurance
Tell him to burn it down and collect the insurance
Suggest he talk to a bankruptcy attorney
Suggest he get a second job on the weekends
Admire the Darwin effect
Tell him to turn in the keys to the mortgage company and walk away
Tell him about Dave Ramsey's radio and TV shows
Blame Bush and Laugh
Ask if he is still able to make the payments
Lie and say you don't really have an opinion
Suggest he call the lender and demand an adjustment
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