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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'll throw in my own data point. Spouse and I make 210K combined. Bought townhouse 13 years ago in silver spring that turned out to be terrible from an investment standpoint; we maybe will get $100K profit after commissions. But we save aggressively and have no kids. We are looking to spend $1.3 million max on a house, and will do a down payment up to 50% to make it work. We don't like that we have to spend that much, but we despise commuting, and we want a place that we will enjoy. Unfortunately, our incomes are unlikely to grow significantly.[/quote]
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