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Real Estate
Reply to "What percentage of your take home do you spend on your mortgage & tax every month? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Life's too short to be conservative. Conservatives generally are narrow-minded thinkers and live cautious, unfulfilling, and sheltered lives. Not for me.[/quote] People like you are why we had so many foreclosures in the area in 2007-2009. There were tons of people in my neighborhood who had great jobs in secure fields who suddenly found they were one of thousands being laid off from secure fields. All these people who had no backup plan. I also got laid off in 2009, but we had plenty of savings and used about 15% of our emergency funds for the six months that I was laid off. And FYI, we paid 18% gross, about 30% net of our income for our mortgage.[/quote] Well if something catastrophic like that happened it would effect everyone including you and the government would intervene[/quote]
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