Why $150K Matters

David From:

The median monthly mortgage payment in the US in 2007 was about $1500. In other words, Sarah Palin spent very nearly as much on clothing in a single month as the typical American family will spend on housing over the next ten years. -- more

ugh. he's right of course. At one point, $150,000.00 would be nearly half my home's value. I'm sure in this economy it will be a much larger percentage. It's not the point, however ... even if I were a bajillionaire I don't know if I could figure out how to spend that much money on clothes. I'm sure it's just the tight-wad trailer-trash inside me talking. How many t-shirts, jeans, and hoodies would that buy I wonder.