This popped up in the Gab group
(media.greatawakening.win)
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If you had a home that was worth say 100k any debt you have over 110k was forgiven
To remove negative equity? I would like to know, too.
They no longer had to pay their mortgages! It also gave a big economic boom, who would have known?
No, no extra money. But with a mortgage, you usually pay like 3 times the price of the house. With 110% of your mortgage paid, you fully paid for the property. Also you get free hot water, it only smells a bit sulphuric. And so do you after taking a shower, it's an amazing country, with kind people. Hope to visit it again very soon.
So if Home values were 100k... all debt you had up to 110k would be wiped. That was my thought but I could be wrong.