LogFAQs > #976317441

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Topic	A third of americans making 150k or more a year live check 2 check
WingsOfGood 09/26/23 1:12:25 PM #32:	action52 posted... Yeah but they could probably sell those cars and switch to more affordable ones pretty easily. Whereas it might not be possible to sell their house for enough to pay back the debt, let alone cover the down payment on a new one. And even if the market value of their house is high, it could take years to find a buyer. So people who made a mistake buying their housing are the ones who really might be stuck in a financial situation they can't escape, is what I'm saying. sure, but they don't want to or they wouldn't be in the situation <cite>WingsOfGood posted [p:976317441] in A third of... [t:80577790]...</cite> <quote>action52 posted... </cite><quote>Yeah but they could probably sell those cars and switch to more affordable ones pretty easily. Whereas it might not be possible to sell their house for enough to pay back the debt, let alone cover the down payment on a new one. And even if the market value of their house is high, it could take years to find a buyer. So people who made a mistake buying their housing are the ones who really might be stuck in a financial situation they can't escape, is what I'm saying.</quote>sure, but they don't want to or they wouldn't be in the situation</quote> ... Copied to Clipboard!
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