This is very very true, and an oft-ignored side effect of the housing bubble if you ask me. "Expensive?!? Just take a second mortgage to get all that new equity

This is very very true, and an oft-ignored side effect of the housing bubble if you ask me. "Expensive?!? Just take a second mortgage to get all that new equity in your house." Don't even get me started on the diamond thing. "Two monthly salaries". Good job De Beers (and Harvard/Yale/Vassar).