In which we re-answer questions sent to The Ethicist.
I know of someone who has lived mortgage-free for three years while the bank foreclosed on his apartment. During that time, the man paid his monthly maintenance to the building but did not pay his mortgage. His rationale: He had been in the furniture business and lost much of his income with the financial crisis, and not one of the bankers responsible for the meltdown has gone to jail. And furthermore, as a result, his apartment was worth less than he paid for it. Does any of that matter? Is strategic loan default ethical? NAME WITHHELD
You're a nosy [...]