LoL,
While we live in a house in a nice area it only has 3 bedrooms. We do not need more. Also don't have a pool. If looking at prices of houses in our area we own the smallest hour on the nicest street in a nice area. Our house is valued at about R1mil less than the next cheapest house. We could have bought for double what we did buy for. But why max out credit. The credit cards are locked in the safe. Besides the fact that there is the bond and municipal charges, we have a few policies, cellphone (I use it for work, don't have an office number.), we each have a clothing account - we buy then pay it straight after. Builds a credit record, but other than that no accounts or credit.
The car I'm driving was bought with the insurance pay out after the mechanic dropped my car off his hoist lift (be that human error or mechanical failure.). I didn't buy new, but the current car is newer than the old car.
So yeah we could get more debt, but we'd end up in trouble if interest rates go up. So no thanks.