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Reply to "Would you spend 700K on a house with 165k HHI?"
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[quote=Anonymous]I would not. We took more than our max to get our dream house, and ended up with a $2300 house payment on $160k income. no debt other than the mortgage. The extra 1k you'd be spending is our vacation/fun/small emergency budget. It's nice not being house poor, and it's nice to pretty much say yes to whatever we want to do. we wouldn't be able to do that with a higher house payment.[/quote]
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