900k mortgage. 250k HHI.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I know plenty of 300-400 HHI getting 1.5mn mortgage. This is the price to pay for a livable house in this area in today’s market. Stop shaming people for prioritizing good public schools and a house suitable for two working from home parents and often virtual learning kids

Oh, come on. Are you seriously contending that is is necessary to spend $1.5m to get a *liveable* house?

Look at this barely livable house in the suburb, with everything needing upgrades: floors, kitchen, bathrooms, windows, doors etc. listed for 1.5 and sold for 1.7. Just an example of the crazy price for a livable house in good school area in today’s market. People just HAVE TO take on a big mortgage to survive.

https://www.redfin.com/VA/McLean/926-Ridge-Dr-22101/home/9279221

This is not”barely livable” house, it’s a luxury house from the movies. Not too many people can afford such homes in USA.
Wake up

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I know plenty of 300-400 HHI getting 1.5mn mortgage. This is the price to pay for a livable house in this area in today’s market. Stop shaming people for prioritizing good public schools and a house suitable for two working from home parents and often virtual learning kids

Oh, come on. Are you seriously contending that is is necessary to spend $1.5m to get a *liveable* house?

Look at this barely livable house in the suburb, with everything needing upgrades: floors, kitchen, bathrooms, windows, doors etc. listed for 1.5 and sold for 1.7. Just an example of the crazy price for a livable house in good school area in today’s market. People just HAVE TO take on a big mortgage to survive.

https://www.redfin.com/VA/McLean/926-Ridge-Dr-22101/home/9279221

This is not”barely livable” house, it’s a luxury house from the movies. Not too many people can afford such homes in USA.

Don't mind them. They are confusing someone's heinous choice of curtains and wallpaper as barely livable.
Wake up

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I know plenty of 300-400 HHI getting 1.5mn mortgage. This is the price to pay for a livable house in this area in today’s market. Stop shaming people for prioritizing good public schools and a house suitable for two working from home parents and often virtual learning kids

Oh, come on. Are you seriously contending that is is necessary to spend $1.5m to get a *liveable* house?

Look at this barely livable house in the suburb, with everything needing upgrades: floors, kitchen, bathrooms, windows, doors etc. listed for 1.5 and sold for 1.7. Just an example of the crazy price for a livable house in good school area in today’s market. People just HAVE TO take on a big mortgage to survive.

https://www.redfin.com/VA/McLean/926-Ridge-Dr-22101/home/9279221

This is not”barely livable” house, it’s a luxury house from the movies. Not too many people can afford such homes in USA.
Wake up

Not the PP, but you really need to get your sarcasm meter checked.

[Anonymous]

We would be house poor at that level of mortgage. We've always kept our PITI to 2X HHI because we like a lot of discretionary spending

[Anonymous]

I think you are fine. I plan on doing the same.