8 of 65
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
17 cool gadgets that tease the future Smart telescopes, surveillance for dogs, an electric roadster and more from CES 2018. More
These 12 airplane beds let you really sleep on a flight For the price of a premium class ticket, you may just get a space that's comfortable, private, and quiet enough to ensure a good rest. More
CES 2018 kicks off with oddball gadgets The biggest tech show of the year opened with a collection of quirky gadgets. More

Special Offer