UH...ever heard of the “Millionaire next door”...you know...the one who does NOT live in a million dollar home? Drives a used car? Lives modestly? I’ll bet that a lot of those in million dollar homes that are foreclosed on....were NOT really “rich.” They just leveraged themselves to look like they were.
Yeah I’m sure those folks aren’t the ones that default. It’s more the Orange county housewives crowd that so many here misguidedly defend.