Now we know, don’t we?
How the neighbors lived in that fancy house, drove those SUVs, took those vacations. Borrowing on home equity. Now their stuff is up for sale, the house may already be in foreclosure. Greed, greed, greed. I am the tortoise, slow but steady. The house is paid for, as are the cars, zero borrowed debt. While the hare turns slowly on the spit….
I wouldn’t say gloating, relieved that I didn’t get caught up in all that “keeping up with the Jones’”, and that in the end, it wasn’t me “doing something wrong”, having to live modestly while the neighbors lived like kings. It was them overextending themselves.
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June 22nd, 2010 at 12:46 am
yes we do. you sound like you are gloating though. not very kind, but more to the point this is a disaster that affects all of us.