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Reply to "Would you spend 700K on a house with 165k HHI?"
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[quote=Anonymous]Yes I would. You can afford it. If the house is in a great neighborhood with great schools, you'll be glad you made that choice. My advice is to always buy the best house if you can afford it. Never settle for less when you can afford the best. I made that mistake years ago. I was able to afford a 500k home in a great neighborhood in the suburb, but I wanted to be conservative and bought a 300k home in a less desirable neighborhood. I totally regret this choice today. My 300k house is now only worth 340k. The 500k houses in that desirable neighborhood are now worth 750k. [/quote]
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