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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]280k HHI, 800k (initial) mortgage. Two kids in elementary school. Feeling very comfortable. No pressure at all. I don't understand people whining about being house poor with 500k HHI and 600k mortgage. It seems that it's a fashionable trend on DCUM to brag about their financial conservatism. I wonder how much of these brags are true. [/quote] Hey dummy, your kids are in elementary school. Those of us who are still paying for childcare essentially have a second mortgage. My kid's monthly care is $2200. That's almost my mortgage. And when #2 is born this summer, that's going to go up. Then again, we make almost your HHI and are probably much younger than you, so I'm sure we'll be more comfortable than you in a few years when DCs are in elementary school![/quote]
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