Reply to I used to think a million dollar house would be a mansion

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I must be doing something wrong with my life. 29 affording a million dollar home. Jesus![/quote]

Yeah, you weren't born to multimillionaire parents.  I can't believe the wealth here among young people.  [b]And no, being a dual fed couple or a law firm associate does not quite make it add up. [/b] No one can deny that there are a lot of people here with inherited wealth.  There is a row of new build McCraftman homes in our area that go for about $1.8 million and the couples who live there don't even look like they are in their 30s.  Wow.     [/quote]

Actually it does.  You can definitely save 300-400k over the course of 4-5 years if renting a relatively inexpensive apartment and no children in the picture. 
[/quote]

Excuse me, but where does one rent an "inexpensive apartment" in this area such that they can save 300-400K in 5 years?  Just wondering.  [/quote]

You can find plenty of studios or one bedrooms for 2,500.  A dual income couple is pulling in at around 300k a year.  Assume you come home with half of it after taxes and retirement.  So you have 150k left.  You can definitely live on 50-75k if you don't have student loans.  Do this for a few years and you'll have a few hundred thousand in the bank.

We made around 320k and saved 125k in one year alone.  It was hard but we managed.  [/quote]

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