A close friend of my GF lives in a 2+ million dollar home, three Mercedes, and lots and lots of flash and bling.
Her husband is a veterinarian who "left" his practice (seems he was forced out) and was without work for two months. They wound up returning the cars (all were leased), a 30+ ft boat (I doubt it was paid for), and most of her high priced jewelry in order to keep paying the mortgage and school fees for their kid. That pretty much demonstrates the lack of fiscal discipline that the majority of Americans possess - regardless of your income bracket.
Hate to see people in that position, but they sort of did it to themselves. Can't imagine the pressure of living so far beyond your means just to impress others.
