1/3 of Americans earning $150,000+ a year say they're living paycheck to paycheck

submitted by hfxB0oyA from finance.yahoo.com

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newinsightfulfun
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[–]newguy 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Yes if people are offered the option to have a $500k house with zero down, where they can pocket all the gains in equity... of course they're going to take that. They'd be stupid not to.

Of course the flip side is if the housing market crashes, then you can be underwater and owe more than it's worth...