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Real Estate
Reply to "If you bought a house over $1.5 were you able to afford to do so on your salaries or equity?"
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[quote=Anonymous]I think the differences in this thread just show how differently people spend money. The idea that a combined income of $400K can't afford a $1.3 million home is strange, unless the couple is fresh out of college/grad school. It's just about priorities -- if you don't save and invest, and instead take 5-star vacations, pay private school tuition, eat out at high end restaurants often, buy designer clothes, upgrade cars every few years, then it doesn't seem doable. Those are choices, though. Many people make different choices -- they're not eating PB&J all the time, but they're just leading more modest lifestyles. And yes, on a $400K combined income, with modest lifestyle choices, it is not difficult to buy more than a $1.3 million house.[/quote]
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