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Real Estate
Reply to "What is it like to be “house poor”?"
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[quote=Anonymous]We're probably officially house poor, and honestly - I think it's just how it can be in this region. We're probably in reality smack in the middle of our peers (based on observation of the neighborhood school) The OP's stats are much better than ours - we're not great savers, but put away what's probably enough for retirement, and almost enough for 529's. It does mean not spending as freely as we might otherwise be inclined to do: the cars we want when we want, designer clothes and travel. I guess we're house poor, but not house poverty-stricken (we'll take a nice vacation every two or three years, but not every year) It does involve a level of optimism/denial I suppose, but we do also really love our house, even if it means some Ikea furniture or hand-me-downs instead of fancier furniture in a more modest house.[/quote]
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