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Debt gives an illusion of wealth.

I often get the following questions: "Why haven't you bought your own apartment yet?" or "Have you bought your own apartment?" You can call it a flat or a house, it is ownership vs. debt that is the key issue of this debate.
My responses to those questions vary. Sometimes I say that "Not everybody has to own to know that they have", sometimes I just sigh, smile and go my way.
What are TEDsters thoughts and experiences in this area?

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    May 8 2013: Anna, For many years the image of wealth was to have a fat wife. Be glad we got past that and smile.

    I wish you well. Bob.

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