[BfloGuy]

Most of his status is based on the possibility of selling one house at a huge profit. A lot of people have been financially ruined by such speculation.

Wow, there are a lot of envious people on this thread. Hey, the kid's got a house worth over a million and only owes $300K. He's living frugally -- not spending the equity -- and you say he could be financially ruined?

Sounds like a hard-working and pretty interesting guy. Wish I'd been more like him.

[Ghost of Philip Marlowe]

I’m not envious at all as I feel very well provided for. And it’s damn funny how people who are greedy often call those who criticize greed ‘jealous.’ There’s a difference between entreprenerualism, ambition, motivation and greed. Greed is bad. Greed is what motivates the Clintons and those like them.

You missed my point. He has a million dollars IF he sells that house for a million dollars. If he tries to sell it and only gets 300,001 dollar, he has a REAL worth of $1 profit on that house, or whatever the actuals are. Such speculation led to the housing crash of the 1920’s.

[HereInTheHeartland]

“Wow, there are a lot of envious people on this thread. Hey, the kid’s got a house worth over a million and only owes $300K. He’s living frugally — not spending the equity — and you say he could be financially ruined?

Sounds like a hard-working and pretty interesting guy. Wish I’d been more like him.”

Very much agree...