3rd Income

Is anybody in the Bay Area stressed out about the mortgage crisis like I am?

I purchased a 2 BR condo the year I got engaged because single family homes were ridiculously expensive, but I wanted a home to start my family in. Yet the prices of condos were also ridiculously expensive. So what did I do? I did what many people did -- purchased a home on an interest only loan hoping to refinance to a 30 year mortgage when the rates dropped.

Here I am, almost 3 years later, in the same condo, same job, married with two children, and struggling to make ends meet. My husband and I are barely making it with our current mortgage payments and other living expenses. Currently looking for a 3rd income to help us pay for child care, I am now trying to figure out how we can pay our mortgage knowing that the rates will not drop.

So I am wondering, for all of the young families like myself with children and a mortgage -- how are you making ends meet? Because frankly, I find it impossible.