# Is Trump’s mortgage plan a bad idea?

**URL:** <https://boards.straightdope.com/t/is-trump-s-mortgage-plan-a-bad-idea/1024795>\
**Category:** Politics & Elections\
**Tags:** trump\
**Created:** [November 11, 2025, 11:39pm UTC](https://boards.straightdope.com/t/is-trump-s-mortgage-plan-a-bad-idea/1024795 "2025-11-11T23:39:57Z")\
**Posts on this page:** 2\
**Page:** 5

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**Author:** ![Odesio](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/odesio/32/20003_2.png) [@Odesio](https://boards.straightdope.com/u/Odesio)\
**Post date:** [October 2, 2026, 4:05am UTC](https://boards.straightdope.com/t/is-trump-s-mortgage-plan-a-bad-idea/1024795/81 "2026-10-02T04:05:49Z")

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> [@bump](#):
>
> And there are times when a strategic default _is_ the smart and moral decision, especially if you’ve got a family. If you’re underwater on your car, \*why keep paying"? That’s good money after bad, and you could do something far more useful for your family with it.

I first heard the term strategic default during the subprime mortgage crises back in 2018. I recall a spokesperson for a banking organization being interviewed, speaking about strategic defaulters as if they were morally wrong for walking away from debt. The organization this guy worked for strategically defaulted on the own building.

Banks don’t loan out of the kindness of their heart, they make a business decision. They’ll walk away when it suits them without thinking twice.

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**Author:** ![bump](https://avatars.discourse-cdn.com/v4/letter/b/7c8e57/32.png) [@bump](https://boards.straightdope.com/u/bump)\
**Post date:** [October 2, 2026, 1:05pm UTC](https://boards.straightdope.com/t/is-trump-s-mortgage-plan-a-bad-idea/1024795/82 "2026-10-02T13:05:54Z")

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Exactly. And as the other side of that equation, your decision should be a business decision as well.

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