The main drivers of strategic default are the scale of negative equity, and moral and social considerations.

策略性违约的主要动因是房屋负资产的规模，以及道德和社会考虑。

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The likelihood of strategic default rises more quickly once the rate of local home foreclosures reaches a critical level.

一旦当地的收房率达到临界水平，策略性违约的可能性就会大幅上升。

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However, homogeneous groups are more likely to have strategic default than heterogeneous groups due to different official penalties on strategic default.

然而，由于机构给予策略性赖账的惩罚不同，回报同质组策略性赖账的概率可能更大。

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Flint noted that people's willingness to consider strategic default depended somewhat on how far underwater they are, according to the Harris survey.

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Such a move is known as a "strategic default" in industry parlance.

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Yet his corporate-raider past suggests that, if he is becoming a strategic long-term investor, it is by default.

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