Stuck in his mortgage

One of my friends works at a company where the employees take a lot of… abuse, let’s say. They work long hours and are not spoken to kindly by their bosses when things beyond the employees’ control are not done on time and in the way the bosses imagined. One position in particular has seen a lot of turnover. They just can’t keep anyone there, as everyone either quits from the pressure or is fired when they don’t perform to the impossible standard set by management.

While my friend doesn’t like it, she’s not too worried and simply continues to look for other options. She and her husband paid off their home so she’s not feeling a lot of pressure. She tells me things are not the same for her coworker. At a more senior position he gets to take a lot of the heat on behalf of the team, and he doesn’t handle it so well.

“He has a big mortgage and a kid in private school, so he’s stuck”. She tells me.

 

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Sunny Burbank, California. How did property prices do there in the last few years?

I saw another friend of mine recently… and somehow we got onto the topic of real estate prices. He has recently renovated his condo and was saying he was totally happy with his small space. “It’s incredible how people keep getting the biggest houses they can get loans for… instead of looking at the smallest houses they can get away with!”

How nice to hear this voice of reason.

 

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In my opinion, there is no need to feel stuck. But we have to put a lot of thought into how we want to arrange our lives and what is truly important.

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