On: U.S. home prices are the most unaffordable they've...

[phil21]

> I really wonder how many people in the last 10 years actually felt like buying a variable rate mortgage was a good idea?

Probably not very many. But I wonder how many people don't realize the psychological issues of being put into a "golden cage" for 30 years.

Times will certainly be interesting indeed over the next 5-10 years.