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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Seeing house prices as they are today, how do people afford the $1M+ houses/townhomes that will amount to nearly $9K-$10K/month mortgage? Plus I see them switching to newer cars every so often. These are two income software professionals in the household, and I don't understand the math. What am I missing?[/quote]

They don’t have children and are not saving for retirement. I used to live large when I was in my early 30s. Fast cars, an amazing house, parties, etc. I had a great time and would not want to miss it. Now fast forward 15 years, and my house is more modest, and my life is much less glamorous. I love my kids to pieces and again would not want it any other way, but between private school tuitions, various activities, camps, and saving for college and retirement, my day-to-day life does not reflect that my salary has trippled.[/quote]

I can totally relate to this!  We had so much more disposable income before kids, even with a much lower HHI.  [/quote]

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