Quote Originally Posted by GTakacs
Both me and my wife are professionals so I really don't think we'll have to find a new job any time soon or if we do it'd be all that hard.......
Quote Originally Posted by South_Texas_Sun
Lol......famous last words.
Let me rephrase: Both me and my wife are professionals in the oil/gas/energy industry in TX so I don't think we'll have to find a new job any time soon.

BTW, when housing pricing goes down interest goes up so the average monthly payment for a house remains similar (it's probably the other way around, interest driving house prices not house pricing driving interest).

I figure if there is something similar to 1929 coming I'd be screwed either way 3rd mortgage or not so I try not o lose too much sleep over it.

Yes, good discussion BTW.