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Originally Posted by SteamWake
I look at it this way...
Wife to Husband "Honey, were going broke, theres almost nothing left in savings and were not putting any more in. Maybe we should get a second job".
Husband to Wife "No.. no lets just spend more money. The money we spend should bring in more income"  |
You also have to remember the banker whispering in their ear "Yeah, take out that loan! Look at how your house value is going up, it'll go up forever and you'll have no trouble paying back the loan!"
There's no one single group at fault here. Each was encouraging the other.