I like to call it "thrift" versus cheap. A cheap person never goes out to dinner. A thrifty person goes out to eat, but brings a coupon, or hits the early bird special, or buys restaurant gift cards at Costco for 25% off, or whatever.

I also have learned that it is easier to spend money than to find more of it. Its just like naive 18 year olds who take on massive college debt with no concept of how they will ever pay it back, or the impact it will have on their life style over the next twenty years. As we get older and wiser, we realize the cost of these decisions.

As far as some sellers, I feel for some of them. The high end stuff here just doesn't bring the $$ locally. So they either have to sell at a fraction of FMV, or try another route.