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Reply to "I always hear that people are living beyond their means, but…"
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[quote=Anonymous][quote=Anonymous]No, I don’t think a good portion of people who seem to be doing well really aren’t. [b]This is what people who don’t have a decent money like to think. [/b]From what I cans see, it’s just not true. Maybe they have a bad year and don’t go skiing in vail one year, but they still go away for a big summer and spring break trip. [/quote] I see people mention that a lot (mostly on this board) and use the term house poor but its like a comfort to assume others are in a bigger nicer home because of a bad choice that will not end well. Therefore, you are actually in the smarter position long run. I think it's a common sentiment/salve in neighborhoods with a wild mix of housing (teardowns to modern luxury). I think in established multi million neighborhoods people don't second guess wealth as much.[/quote]
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