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To: Mike McFarland who wrote (2152)3/15/2004 9:38:58 PM
From: yard_man  Read Replies (1) | Respond to of 116555
 
I think people really don't think very far ahead -- they think only of debt service. I know that is true of folks who are making a lot more than me.

When we bought our place -- I wasn't all that keen on borrowing money, but I rationalized it cause I was getting in debt less than 1 1/2 times my annual salary -- I think a lot of folks go into debt for 3 or 4x their salary, no??