Originally Posted by AaronM

I know multiple members of this board who are worth millions and have the cash to back it.....I personally know for a fact that some of those people own multiple homes which are also worth millions of dollars. These people buy the homes on credit.....Not because they have to but because of the tax advantages plus it keeps their money in their own banks earning interest.

There are those who are stupid with their credit decisions and then there are those who are smart about it.