I sometimes read The Housing Bubble Blog to keep up with what's been going on with the housing market. I am continually amazed at how often the "tale of woe" shared by people going into foreclosure is often due to greed rather than need. Consider the following story:

“In 2005, Jenni and Ryan Kroon traded the 1,100-square-foot, three-bedroom, two-bath home in Boise they shared with their two children for a 3,500-square-foot, seven-bedroom, four-bath home in Nampa that cost $200,000*. Although financed with a 30-year, fixed-rate loan, the move still tripled their monthly mortgage payment to about $2,100.”

Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment.