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Real Estate
Reply to "Salary vs House Cost"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't think this debate applies to those buying $2MM houses. i.e., if your income is $800K then duh, the ratios do not apply.[/quote] My point was I used the same ratio when I bought a house for $135,00 as I did when I bought a house for $2 million. The exact same one. So, tell, me, does the ratio apply only when you make substantially less than $200K or substantially more than $500K? And those of you between $200K and $500K need a different set of rules?[/quote] try to stay with me, ok? Bill Gates is not going to buy a $4B house.[/quote]
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