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Man Destroys His House – I Have Nothing To Lose (with video)

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This is Iceland today.

A man in Alftanes, a suburb of Reykjavik destroyed a house he and his family lived in until his bank repossessed it after the economic collapse.

Man Destroys His House – I Have Nothing To Lose The man in his fifties said he’d lost everything. He also buried his car in the back garden and left before police arrested him for property damages.

His home loans were in a foreign currency and he tried negotiating with his bank to no avail. The man said he didn’t care if he owed 60 or 120 million ISK, “I have lost everything”.

He got a film crew to film the demolition and we await to see the footage posted somewhere soon.

A bit drastic but I think many will understand the man’s position living in a society that is designed for banks and tax-evaders.

Channel 2’s reporters showed this footage of his house – Watch here.

www.economicdisasterarea.com/index.php/news/man-destroys-his-house-i-have-nothing-to-lose/