Its very easy to get a mortgage nowadays. You may be able to make those repayments now but what happens if you lose your job when the economy takes a dive (i.e as it already seems to be doing) and when jobs arent as plentiful as they have been for the last 10 yrs.Payments are Not so affordable...
I enjoyed reading all the input from different people on this thread.
My view leans with the view of Hobo.
I think there are alot of factors worldwide coming into play all at once
and that everyone is going to feel the effects of it when the shish hits the fan.
I have read the different views...