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Reply to "Would you spend 700K on a house with 165k HHI?"
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[quote=Anonymous]We have a HHI of 350k and we live in house we bought for 300K. At the time we bought the house, 20 years ago, our HHI was around 150K. Today, we feel that this was the best decision we made because it made everything else in our lives so much easier. We have fully funded retirement and college for our kids. One kid is in medical school, another is in law school. We are able to fully fund both of them without impacting our retirement. We are very comfortable financially and are able to live an affluent lifestyle. with cleaning service, ;awan service, foreign vacations and tutors for our students. Kids went to public schools (magnets), we did not have childcare costs or student loans. However, the single biggest factor for our financial freedom was the house we could afford easily. Our house is valued for $565K currently. [/quote]
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