8 of 65
BACKNEXT
Tomas Billitti: Seeing the silver lining
Tomas Billitti: Seeing the silver lining
Tomas with his girlfriend, Lani
IT project manager, 31, Aliso Viejo, Calif.

My girlfriend and I have solid incomes and large savings and 401(k)s with zero debt. But with the real estate prices rising beyond reach here in Southern California in the last several years, I wondered how I would be able to afford to buy our first house.

In some ways I am glad the real estate market is crumbling because now real estate is more affordable and it has become a buyers market. We do feel the pains of rising gas prices, bills, etc., but we don't live beyond our means and keep on target with our financial goals.

If anything we are looking for good opportunities in a down market. We don't expect to be victims of downsizing anytime soon, but we are well prepared if it should happen.

NEXT: Marc Albert: Down, but not out
Last updated November 15 2009: 6:21 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
These 10 food trends could dominate 2015 So long, kale. Here's what's expected to shake up the food industry next year. More
Beyond Russia: Geopolitical hot spots in 2015 Investors beware: These 5 global crises are likely to rattle the stock market and world economy. More
20 antique guns that fetched big bucks Morphy Auctions in Pennsylvania put nearly 1,000 old guns on the block. Here are just a few. More

Special Offer

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.