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Reply to "Why do people buy houses on the basis of 2 salaries instead of 1?"
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[quote=Anonymous][quote=Anonymous]Why do people buy houses on the basis of 2 salaries instead of 1? Wouldn't it better to buy on the basis of the spouse who has the lower salary? Wouldn't that be a better strategy to manage financial shocks if one spouse loses their job.[/quote] Because most people want a neighborhood that has good schools etc and that usually isn't in the cheaper place.[/quote]
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