Quote Originally Posted by huntinslabs View Post
^^^^^^^ This!!! I shake my head in wonder when looking around quite often. Seeing high $$$ boats being pulled by high $$$ trucks one after the other just baffles me. Wonder if the banks pulled back on the reins and stopped giving 12-15 years on boats and now up to 10 years on trucks and cars if the prices would drop when people quit buying them. Then the current housing, thought after the recession people might have settled down some, but what I see getting built around here is all $350,000.00+++, dirt has gotten expensive and builders see very little ROI on subdivisions built toward 1st time home buyers or young families. First time home buyers are beat down, the investors bought up all the low $$ foreclosures and rehabbed and selling high or renting, leaving very little market for 1st time buyers. I am by no means a financial expert but things do not add up to me and fear it will all show its ugly head again sooner than we hope. Just praying we can manage to scratch by again and come out on the other side with heads held high again. Cant say unscathed as we took a beating along with everyone else. But I ain't going out and financing $140,000.00 on boat and truck either, heck my house was not even that. Like he said we can only blame ourselves for management of our monies.