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Reply to "What can we realistically buy with $250K HHI?"
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[quote=Anonymous][quote=Anonymous]We made 80K when we bought a 650K house. We had scrimped and saved for 10 years, lived in a crappy one-bedroom rental with our two young kids, in order to pay a downpayment sufficient enough to qualify for that mortgage with that income: 40%. In the years I've been on DCUM, I have often come across posts like yours, OP. Invariably, the authors of the posts have not saved as much as they could have. Most don't have no idea what REAL belt-tightening entails. They've never lived like that. You made choices. Own them. Home-ownership is not for everyone - like everything that matters in life, it you need to be able to prioritize.[/quote] What year did you buy your house? And how much is it worth now?[/quote]
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