I’m going to have to agree with that. What really gets me is that this kind of thing is pervasive in our “system” it goes the same way for higher education and a lot of other things. By the time you get done paying someone else for your ability to get a job that doesn’t pay you in peanuts and will allow you to actually buy a house and raise a family, you will have lined someone else’s pockets with capital that should have served you well into your retirement as it has for previous generations. Now you can go watch someone else retire comfortably. Now get back to work serf…
Edit: Also.. it is possible that everything goes to down the chute in a hand basket. The fed drops the ball and inflation/interest makes a hard landing. Foreclosures and reality will hit homeowners that have 2-3 mortgages on their house and/or have no equity that can be taken out. Add a loss of income that is probable in an aforementioned economic contraction and..well, it sure paints a picture doesn’t it?