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Real Estate
Reply to "If your HHI is 200K, how much house would you buy?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I am house poor and it sucks. That said, I don't have daycare or student loan checks to write every month. HHI of $235k, [b]mortgage of $730k[/b]. [/quote] Are you NUTS? That's just stupid. [/quote] I was thinking the same thing. Our HHI is $350K, mortgage is $650K and we feel house poor. We do pay approx. $1500/month for a pt nanny and about $15,000/year for pt preschool, so maybe that's the difference. [/quote] Stop. Did I read this right? You are paying 15k a year for part-time preschool? [/quote] Sorry- that's approx. $15,000 for two kids or around $7500 each, which is the norm for our area (there's nothing less expensive). BUT...there are certainly preschools in the area that charge that much for part-time and they have long waitlits of people not only willing, but eager, to fill them. [/quote]
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