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Reply to "How do people afford 5 million + homes?"
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[quote=Anonymous]Own 2 homes, combined worth about $5.5M. How did we get there? Living below our means for many years, bought first home as one we could afford on only 1 salary (either of ours), and continued to save for retirement and life. Did not upgrade that home for 7+ years, until we relocated. Then bought a home for 50% of what "we could have". Had that $500K+ home fully paid off by time we were 40. But made the jump to $5M+ once we were able to cash in stock options. But without that we would still be at the $2M+ as affordable to us. Thru savings and living below our means and having a good salary to start with. [/quote]
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