Debt is not wealth, appreciation is not income, and credit is not saving

Don’t follow the lies - Debt is not wealth, appreciation is not income, and credit is not saving.

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Irvine Housing Blog
Southern California is a beautiful place. The weather is perfect, there is a lot to do, and the people are generally friendly and keep out of your business. For those reasons and many others, I have chosen to make Southern California my home. However, Southern California is not perfect. The culture is infected with pathological beliefs that have led us to the huge problem with house affordability and the impending disaster in our real estate market.

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