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Reply to "I don’t understand how my neighbors are paying for their renovation"
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[quote=Anonymous][quote=Anonymous]A family with an HHI of 160k typically doesn't buy a 900k home on their own. Either they make more than you think, or they have more equity in the home for whatever reason (family gift, bought cheap, saved for years, etc).[/quote] We did. That is because we saved 250k. Salary was about 170k when we bought an 860k house 6 years ago. That was one salary/ at that time I was not working. Our combined income was 300k before we bought but no one knew that. We divorced and he kept the house. I am sure people wonder how. I let him keep the equity, that is how. I bought a house nearby for about the same amount. I am sure people wonder how/ I went back to work and side hustle. I make 200k. I bet people think I make less than half that. [/quote]
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