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Reply to "Buying $1.5 million home - can we afford it?"
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[quote=Anonymous]You people are nuts unless of course, you have a big ass down payment. On 300K, we were nervous spending $600,000. When we moved away from DC where housing is more affordable, we paid $350,000. Same 300K income. Why on earth would you stretch yourself like that? What happens if there is a job loss? An unexpected medical expense? Or any other surprise expense.[/quote]
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