[quote=jpinpb][quote=AN]People who refinanced themselves into debt are actually loving this “American Dream”. How else can they would have bought all of those stuff?[/quote]
And many are living for free. But eventually will be back to renting b/c of their indulgence and/or become mortgage slaves.[/quote]
How can you live for free and be a mortgage slaves at the same time? Also, there’s nothing wrong with renting. Many of these people probably shouldn’t have been able to buy in the first place. So, there’s no change for them.