Well there you go, you've identified the problem. We've confused "want" for "need". If you make $100,000 a year, you can't afford a $600,000 home. Too bad, so

Well there you go, you've identified the problem. We've confused "want" for "need". If you make $100,000 a year, you can't afford a $600,000 home. Too bad, so fucking sad. More people need to be told this, by everyone down the line, from their bankers to their parents. And you're making far more tradeoffs than just three holidays per year, the nicest food, etc.. That level of debt means you miss out on investment opportunities when they present themselves. GameStop might have been one of the most recent and dramatic ones I've ever seen. I wish I had known about Roaring Kitty / /u/DeepFuckingValue a year ago. I've been looking for some investment vehicle to park a significant sum for awhile now. After watching his videos, I would have easily dropped $25,000 there. Unfortunately I didn't know about it. But what's even worse is knowing something is going to take off and not having much - or even worse, any - money to invest. When Facebook IPO'd, I only had $10,000 to invest, but I was able to purchase for $18.50 per share. Would that I had had $100,000...