Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Is this possible without family money?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]We are in a different area of the country but with similar hhi and home prices. We bought a home at $675 that is very nice but comparatively modest to most in our area. What I notice is that those who bought years ago between $1-2million are making *maybe* $100-200k on sales now and some just making original sale price. We save $150k+ a year and live well while those in $1-2million homes have been paying high taxes, high home maintenance, furnishings, etc - no thank you. Frankly I have little concern over eventual sale price as the home is a small percentage of our net worth. If your like your home, stay. Even at high salaries in the $300-$500k range, an expensive home is expensive to maintain and just chews through hard earned cash. I think your friend has either had help or has just made their home their sole spending/savings priority. One giveaway, sometimes, is how well do they maintain the house? And cars? Are things repaired quickly and how well is the home kept up? I see expensive homes with roofs and driveways in need of repair. That said, some people spend money on appearances but the AC is broken for months. Homes are time consuming and expensive to maintain. I would think about that before turning too green with envy. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics