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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Mike Johnston who wrote (57499)	4/5/2006 10:49:48 AM
From: GraceZ	Read Replies (2) \| Respond to of 110194

Actually I was trying to be funny. I have several friends/clients who have very nice houses in CA and don't make nearly that much but they bought them several years back. I was actually quite amazed at how much one set of friends in Northern CA was able to save for a down payment (more than the total amount I paid for my house) even though they made less than 50k and paid $2500/month in rent. They didn't eat out for ten years except for the cheapy Chinese place around the corner and all their vacations involved a tent or staying with relatives.