"I know a gal and her husband out Vancouver Island way. They have bragged many times about how much their house appreciated over the last few years."

Utopia at greaterfool.ca 21 Jun 2011 at 11:31 pm-
“I know a gal and her husband out Vancouver Island way. They have bragged many times about how much their house appreciated over the last few years. All swagger and puff and bullshit.
They laugh when I tell them about the cheap little small town prairie houses. They are much too good for that of course. The laughter is not for enjoyment either. They feel sorry (and silently superior) that they earned a housing lottery for having done nothing while the poor prairie folk are stuck picking weeds in the garden. They meanwhile, holiday in Mexico using other people’s money.
So they bought a place down there. Bragged about that too. But I know in fact they can barely make ends meet with the mortgage payments, the kids, the taxes, the new truck and all. He can hardly get a full weeks work lately, she is but a part-timer.
She actually admitted once they didn’t have money for food. The bills had eaten everything up. There was no money left over at all. What to do? She and hubby got a fat line of credit, bought tools and a trailer and then bragged about that too.
I will have to admit that I might just enjoy seeing the smug look on their faces wiped away in the correction that is coming. I wasted too much breathe warning them of the trouble that was coming already. Nothing I ever said changed their minds and they minimized my point of view like it was some weird alien thesis.”