I used to say that if you wanted to make sure you had money, live below your means. That all went out the window, as even a decent living wage form a couple years ago won't even cut it now, it's flat out ridiculous. This has been a long time coming, just got white washed along the way. As was already said, walk a car/ truck dealership lot and take in the prices, it's mind boggling. Furthermore, house prices are minimum 15% above market and don't even get me going on interest rates. I cannot for the life of me remember when you could be upside down for so long on a house. Not only will this have an impact coming, but the aftermath will last as well. This didn't happen overnight, so guess what, it ain't going away overnight either.