;)

No it is merely either good or poor money management.

You can own one you can't afford, you can own one when it is not the time in your life to own one, or you can own one for an investment and it is a good thing.

;)
Of course it is , In today's Buyers market there are plenty of deals to be had. You still are able to get a great rate with little to none out of pocket. You can write off the interest and any points you may have paid and you build equity of some type depending on the area you are buying in.