The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Proud_Infidel who wrote (27865)	3/7/2005 11:36:38 AM
From: Tradelite	Read Replies (1) of 306849

I can assure you that neither son, nor my older son's girfriend, have any debt at all aside from car payments, although she of course has a mortgage, but has owned for a couple years and probably has seen prices go up since then. Her father (a CFO at a fairly large firm who knows something about money) is as big a tightwad as anyone you'd meet. At home, we've been table-pounders about not going into debt. Older son and girlfriend both graduated from biz school and know about money. The girl sat at our dining room table one night discussing a friend who was daring to marry a guy who was carrying $17,000 in debt (gasp!). I was amused at her outrage. She must approve of my son's balance sheet, because they've been together for a couple years now.

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