With the economy the way it is, I wonder why people are always in debt, and live way beyond their means. I make a good living with my writing, and my only really big luxury was my house here in CA. and my summer house in Canada. Real estate is an investment. I just don't spend on useless stuff. I have been in debt before and it's not pleasant. Now I have been debt free for over 20 years, and it's great. My question is, if you know you can't afford it, and it's going to put you in financial duress, why buy it? If my business manager tells me I can't afford it right now, I don't buy it. Any thoughts on this?