Did you notice what kinds of cars these parents drive? My guess is that the parking lot was filled with at least a few BMWs, Mercedes and maybe a Jag. So long as mom can pull into Panera with a hot car and high fashion clothes, who cares what the kids eat or who watches them during the day? The fact that they spend more on hand car washes and massages every week than they do on day care should not be our concern, right? All that really matters is that these parents get to take at least one vacation to Sun Valley to ski this year while their kids wander aimlessely through life learning that the only thing that matters is the pursuit of material goods and maintaining a wealthy outward image regardless of your true financial situation.
I love Southern California, and especially Carlsbad and Encinitas. Maybe I’ll do a stated income loan for 900k tomorrow so I can start living the dream too!