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Reply to "Down and Out on $250K/year...."
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[quote=Anonymous][quote=Anonymous]PP - no, it's just a great house in an even greater location that has kept its value. Maybe I'm just fiscally conservative and didn't drain all the equity out of our house in the last 3 years. It's true that we are sitting on a heap of cash and investments. Ok, maybe I really am Richie Rich.[/quote] did you finally have an epiphany? Because I feel like you're saying that those who bought at the height of the market and have lost value aren't fiscally conservative. How do you know? Maybe they bought a cheaper house in the burbs because they didn't want to be house poor.[/quote]
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