Fannie and Mac allow for a new mortgage after 3 years if you have a 10% down payment.

After 7 years it all disappears like it never happened.

Nope.

When you take a loan out for a house you secure it against the house.

You go through a formal process with the bank, which can take years and you hand the keys back to the bank.

This is the point though.

They WANT demand for things like vacations and home renovations to go down. They WANT a recession because it will halt inflation.

A strategic default is when you have a loan on an asset but the loan costs more than that asset is worth so you stop paying the loan. With you not paying your loan it frees up money to do other things.

Example: If you have a $500k loan on a house that is worth $400k you stop paying your mortgage and live rent free for a year (while they evict you) to build up cash. Then rent a house across the street and wait a year or two and then buy another house and do it again.

No.

It is sort of like Tim Horton's meets Denny's meets a homeless camp in Vancouver.

I agree.

I do not know who did this and if it is political or whatever then it is a terrible crime.

However, a lot of these in WA are very close to homeless camps and I can't help but think that there is a real possibility that this is nothing more than drug addicts doing shady things.

First off, you DO NOT want to see a moose. They are fucking terrifying and they might kill you.

Second off, I did see one in Spokane but I survived.