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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]People who claim donut hole and are angry that they only have 130k in an account —are you also stomping your feet that you can’t afford the 2M mansions in the other town? Do you ping away at what you cannot have? Or are you happy that you have a good home in a solid town. Because you are indeed able to afford a good education via state universities. I swear college admissions is the only area where this nonsense comes into play. For everything else in life you buy what you can afford in your budget and move one. Why do you think you are entitled to a high priced private college. You have 100s even 1000s of colleges available to you via public universities. [/quote]

It depends.Are the sellers offering the same $2 million mansion to my underemployed screen writer neighbor for $250,000?[/quote]

Excellent point.[/quote]

It is an excellent point.  Let’s assume that it’s true and your underemployed screen writer friend is indeed able to live a $50K lifestyle in a $2M mansion.

Guess what?  If you limit all your non-mortgage spending to $50K out of your $250K income, you too could buy that mansion.  And live like a king on your $50K, exactly as your neighbor would.[/quote]

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