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Reply to "$2M home w/ $160k HHI?"
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[quote=Anonymous][quote=Anonymous]On our 2 mil house that we paid cash for we spend 50k a year on taxes, landscaping, pool maintenance, utilities. Add in more if you have a housekeeper and for all of the maintenance and periodic renovations that need to be done over time to maintain the home’s value. Our income is about 500k and I still regret the decision. We are house poor. It may depend on if you are a do it yourselfer on the cleaning,landscaping, and home improvements and whether you have kids private school/college costs, like to travel, etc.[/quote] You must have a ton of other expenses if your income is 500k and home expenses only 50k. [/quote]
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