The effects of the housing bubble on the children

[The OC Scam]

Why your kids expect to be rich

I think this article shows the effects of mommy and daddy driving those nice cars, living the high life, buying the kiddies every thing they want using the housing ATM machine for the last five years…

http://articles.moneycentral.msn.com/CollegeAndFamily/RaiseKids/WhyYourKidsExpectToBeRich.aspx

[Coronita]

Considering the a good portion of the average american kid ends up at a pretty lame job, yes I would agree that expectations are sort of wacked.

But that’s the price kids pay when they worship Britney Spears.

[Coronita]

Considering the a good portion of the average american kid ends up at a pretty lame job, yes I would agree that expectations are sort of wacked.

But that’s the price kids pay when they worship Britney Spears.

[PerryChase]

To me, seeing kids driving luxury cars to high-school is quite shocking. What’s wrong with taking the bus?

I think that is what’s so wonderful about America. It’s full of hope.

Hope is priced into many assets (houses, stocks). There’ll be some major adjustment when we run out of hope.

[PerryChase]

To me, seeing kids driving luxury cars to high-school is quite shocking. What’s wrong with taking the bus?

I think that is what’s so wonderful about America. It’s full of hope.

Hope is priced into many assets (houses, stocks). There’ll be some major adjustment when we run out of hope.

[Author]

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