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Reply to "One Million Dollar house...talk me out of it."
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[quote=Anonymous]I did this last year. It took almost everything we had to get into our house. This year we were house poor. It SUCKS! Can I say that again...SUCKS! Now, going into the purchase we knew that we would only be house poor for 1 year because of DHs salary structure. But this year there has been very limited cash flow. And it SUCKS! I would not want to live like this forever. If you are really at the top of your payscale and have limited opportunity to increase your salary, I would not do it. And houses are like children....some expense always comes up. Often they get together and offer you a package deal---the roof leaks, the hot water heater goes out and your kid goes through a growth spurt. [/quote]
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