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Reply to "How much was your HHI if you bought a $1M House"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We were making $310 when we bought our $750 house. Now we are making $500-$600 and I wonder if we should have just gone for a nicer house years ago. But I also like our comfortable lifestyle and not feeling constrained by a big mortgage. [/quote] Ha! I beat you. We purchased a 475k house 8 years ago at an approx 375k income and now make ~510k. Our mortgage is paid off, kids education is paid off, every inch of our home is remodeled to our taste. The feeling of absolute financial freedom is incredible. We could lose our jobs and be unemployed for years and then pick one up for 100k and still live comfortably. Our biggest mandatory out of pocket expense are a tie between property taxes and groceries.[/quote Where do you live? 475 is a good price. And how much is it worth now? A million? [/quote]
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