I’d like to be able to afford a house 10 miles East of the 5. Currently I cannot because I’m not willing to lever my personal balance sheet to ridiculous levels.

Stan

Well stan if the banking industry was more responsible and more importantly ACCOUNTABLE when intrest rates were low I think you could have, I don’t think the prices would have jumped as fast.

JC, maybe you should look into a better paying job? I agree homes are a little expensive, but why should good people lose value in their homes so you could afford to live there?
why should the honest hardworking family guy lose 100K??
Those mortgage companies that allowed people to overpay and cash out at escrow with 100K and a neg am intrest only loan someone should have to pay that honest hardworking family guy that overpaid for the house next door because of it!! I also think realators ond their brokers should also have some accountabiliy, they all knew what was going on!