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Real Estate
Reply to "Would you take a $950k mortgage on 300k salary?"
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[quote=Anonymous][quote=Anonymous]How is your take home so high? Do you have a full pension and/or not contribute to your 401K?[/quote] This ^^ is one big part of what needs to be a complete financial picture that is taken into consideration. I tend to be quite conservative about spending, but in this area it can make sense to spend more than is usually advisable when buying a house (the expensive market is what it is); it just kinda depends on all facts and circumstances. [/quote]
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