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Real Estate
Reply to "s/o--so how did you afford a 2 million dollar home?"
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[quote=Anonymous]I have two sets of friends who have homes close to that, in the %1.7-1.8M range. One set had a first home purchased pre-2002 - my guess is that they cleared $300-400K from that, and that they also received a nice size inheritance on top of that (father was a heart surgeon). My guess is that they were able to put at least $900K down. The other set of friends bought with an ARM and are barley able to handle their mortgage - I don't think it will end well.[/quote]
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