[M. Espinola]

"My biggest beef about housing prices. No way one can remain financially solvent and pay 50% of one's income toward housing. You're headed for the poor house if you do."

That is so correct.

[MeneMeneTekelUpharsin]

Notice how no one involved in this discussion will tackle that one. You simply can not pay too much of a percentage for housing and still be economically viable. It's been my main argument all along. And, for the record, I am NOT a gold bug. Buying gold or holding securities tied to gold will not solve the investment problem.

[Fan of Fiat]

That is so correct.

That is so Not Correct. As I posted earlier. If I make 10K a month, you think its impossible for me to live on my 5K after housing dollars. (50%). However, I make 5K a month, living on $3.3K is doable (33%).

It just depends where ones priorities is.