Reading that felt good, contraman. Your lifestyle and mine sound very similar. I spend about 10% of my income, and plan to buy a home for cash that’s less than 10% of my assets.
I am amused by all the people who agree with you, but want just a little more accommodation for the poor victims of ignorance and stupidity. Your point is that there’s already been way too much accommodation.
We have one drop of genuine victimhood in a giant vat of greed, and the leveraged average Joe and Jane buyers of appreciating assets and consumer goods are just as guilty as everyone else. It doesn’t take a genius to see that being given a house and keeping the upside if it appreciates and walking away if it depreciates is an unsupportable freebie. Taking it was legal, but I consider it an abdication of one’s social responsibilities. If you just wanted a home for yourself and your family, renting was always an option, so everyone who bought instead made a conscious choice, and weren’t forced into it at all.
