Mortgage Crisis Leading to Arson?

Photo from Pahrump Valley Times

Wow, you'd think people would see this coming. I'll admit I didn't. But it makes a perverted sort of sense. You're behind on your mortgage, you can't sell the house because you owe more than it's worth. . .throw in a little desperation and perhaps a pre-existing scruples problem, and voila, burning houses.

I wonder what else this will lead to. My guess, nothing good.

[Excerpt]

Arson on increase as debtors scramble

Some folks celebrate their last home mortgage payment by setting fire to their loan agreement. Lately, people behind on their mortgages are simply setting fire to their homes. . .

Read more at: Boston.com