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Reply to "How would you handle buying a SFH in this situation?"
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[quote=Anonymous][quote=Anonymous]Responses here are blatant trolling or ridiculously conservative/illogical. No, someone in their early 30’s with over 1M net worth is not poor. No, they do not need an 8k/ month mortgage since they have way more to put down than most people buying a 1M house at this age. We’re talking 3-4k a month, completely doable on 250k salary, and they have 30+ years left to work to build up retirement savings and college savings. People here are dumb as rocks [/quote] Why is it dumb as rocks to be conservative with housing costs? That extra 2k/month goes to college, activities, giving his wife more breathing room to find a job she likes or continue to stay home, or if g-d forbid OP gets laid off. Having affordable housing is a massive boon and OP wants to throw it all away because … why? [/quote]
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