Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

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
Consumer Reports: 'Top Pick cars' The annual list of top-rated cars, trucks and SUVs from some of the industry's toughest critics. More
Best places to retire abroad in 2017 The top 10 places to retire overseas include beautiful beaches, cozy towns, and the best food you will ever eat -- all for half the cost of what you may pay in the U.S. More
Best business class airline lounges around the world Between August 2015 and May 2016, Skytrax surveyed over 19.2 million customers to find the best airline lounges. Here is what they found. More

Special Offer