If the person has the same income/networth that I know of and buys a significantly more expensive home, I would think, they probably got help from family, which is what is very common in this area. Or, they have some business on the side, but then, you would know a little bit about it, if you are really true friends and it won't be a surprise. Or, they are just more comfortable going deeper into debt than you are. It's all really about this sometimes. People have different threshold of financial comfort given same means and also different priorities. For someone, it's more important to have a nice big house, for someone else, it's more important to have investment properties, or vacations or full time household help, etc.
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