Keeping Up With The Joneses Hurts Us Societally, Right?

Seems that way, at least.

I watch probably more Patrick Bet-David than I would ever openly admit. Saw this just now while eating lunch:

I believe that video clip is tied to this article, which contends 1 in 37 mortgages are underwater:

'Seriously underwater' mortgages rise across US

Per some Google AI nonsense, apparently there are 84 million active mortgages in America. Nice. If I am doing math correctly, that means maybe 2,270,270 mortgages are underwater. Not great.

I am not a financial expert by any means, nor a mortgage expert. You can take anything I say with a grain of salt, or 1,000 grains of said salt.

It would seem, logically, that the main reason people get underwater on their mortgage — and remember, I said main reason — is the whole Joneses…