The peer pressure is intense, but it is one of those things where you've got to throw that out the window for the sake of self-preservation and it looks like most people haven't. A tradesmen I worked with on my house awhile ago chatted to me about this and he and I clearly had the same mentality and he was simply asking "I don't understand how they can afford any of it" and of course I responded that they can't.

I view bankers selling cheap credit on the same level as drug dealers.