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Real Estate
Reply to "How much to expect to spend on a new house?"
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[quote=Anonymous]Maybe you could buy more house than you could afford on one salary, but less house than you could buy on two? Like if you could afford a $300K mortgage on one salary and a $600K mortgage on two, go for a $450K mortgage? Over-simplifying, obviously. I have an HHI of about $100K as a single person. (plus child support that covers preschool.) I can afford a decent house in my desired area (though not walkable to metro, or huge, or new) but if I were married to someone with a similar income, we wouldn't have spent twice the money - we would have spent another couple hundred thou and gotten something just a little nicer.[/quote]
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