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Reply to "Another can we afford this post, HHI $325k"
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[quote=Anonymous][quote=Anonymous]It’s a little tight for me but we’re aggressive savers. You have to do what you have to do in a HCOL area. We have friends who bought around this range / HHI and are fine. It’s aligned with any standard mortgage affordability advice too. A lot of the DCUM crowd either bought before the COVID house price spike or refinanced during it at 2.5% so you always get skewed responses here that are like “We spend 1% of our HHI on housing” and it’s like we get it Karen, you refinanced during COVID and live in a 1960s N Arlington rambler where the entire value is in the land. I’ve found the Reddit HENRY forum more helpful for questions like this - younger crowd that’s in similar circumstances, many also with young kids. [/quote] Yea, I was about to say something about a 1.3m house, then I remembered that my house is now worth 1.1 and it’s nothing special. Assuming you’re sure you’d be happy with the public schools in the area and not feel the need to pay for private, it sounds do-able. [/quote]
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