Email From "Morally Conflicted" One Year Later After Walking Away

``I believe I can conservatively estimate that my decision to walk on the house will essentially increase my net worth by approximately $300K over the next 100 months had I struggled in the existing loan. Moreover, that assumes the old house increases in value in that timeframe. If not, the number may be more like $450K... The only real downside I see at this point is that my credit is shot. I guess I'll have a foreclosure on my "record" for the rest of my life. However, the irony is that if there has ever been a time in my life when I do not want to borrow any money for anything, it is now.''