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Reply to "One Million Dollar house...talk me out of it."
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[quote=Anonymous][quote=Anonymous]This may be your only chance. If you like the house and does not need much work go ahead. Most posters do not have your income [/quote] I beg to differ. I have similar income, more home equity and a larger retirement account and there's no way I'd buy that house. I have kids to consider and the sequester continues, which could shrink the area's economy, particularly when next year's budget comes into play. I've known several people -- seasoned professionals with years' experience in their specialties -- who've been laid off only to be rehired at comparable or lower pay, sometimes with lesser or no benefits. So proceed with extreme caution.[/quote]
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