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Reply to "How do people afford 5 million + homes?"
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[quote=Anonymous][quote=Anonymous]We have a $5 mil house because [b]it was $1.8 mil when we bought it 20+ years[/b] ago in a desirable area. We could not have afforded that today. It seems like the younger people in our neighborhood that do, have family help, an HHI of $1 mil+, or a windfall like cashing in stock options or an inheritance, or a combination of several these. [/quote] You were still able to buy a 1.8 million house [b]20 years ago.[/b] That was a huge amount back then (and is still more than most people can afford now). [/quote]
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