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Real Estate
Reply to "HHI 350k, how much house would you buy?"
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[quote=Anonymous]I think if I were you, I wouldn't go over $900k. But that is just me. For comparison, we have a HHI of $500k and bought a $1M house. We have pretty much no other debt (like $15k in school loans). We also put down more. You may have mentioned this, but do you have childcare costs? If you expect to have more kids or higher childcare costs, definitely be conservative and err on buying closer to $850k max. We bought our $1M house after our 3 kid was born and our childcare expenses are only decreasing, and that is really a big expense (childcare).[/quote]
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