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Reply to "If you bought a house over $1.5 were you able to afford to do so on your salaries or equity?"
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[quote=Anonymous]$1.5m with 20% down at 3.5% interest should be under $7k/month, or $84k/year. Even at $300k HHI that's still less than 1/3 of your gross income. Understandable if that still makes you uncomfortable but you're competing against a lot of buyers who will stretch themselves much further to make things work.[/quote]
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