"The rich and successful often come naturally to this sort of attitude, said Brent T. White, a law professor at the University of Arizona who has studied strategic defaults.
“They may be less susceptible to the shame and fear-mongering used by the government and the mortgage banking industry to keep underwater homeowners from acting in their financial best interest,” Mr. White said."
Remember what Mr. Harvey said about how the American Dream (a house of your own) was really a debt trap to keep workers from striking? Why do people find this so hard to accept? Denial? Well, duh... The home ownership rate in Switzerland is 22 percent. (US, over 60%, higher if you're white. ) No one would say they have a crappy quality of life there. Europeans by and large are renters, not owners. This gives them the flexibility to strike for better wages, cause if the landlord's on your side (can you imagine a bank feeling that way?) you're good. The landlord needs to you work, not be fired. Get it?
And always, Joni comments on life in song: "Ah there must be more to livin than a mortgage and a lawn to mow.