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Reply to "$2M home w/ $160k HHI?"
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[quote=Anonymous]Yes, carrying costs for a $2M SFH are high - utilities, Lanscaping, and maintenance, as well as taxes. We live in MoCo and recently bought a house at that price point and easily spend $50K per year on household expenses. That includes a weekly cleaner (as we both WOH) and it’s a large house, yard/landscaping, and funds for all the stuff that breaks/needs work. It does not include any updating or cosmetic changes which you will eventually want to make, or big projects like a new roof which we are going to have to take on in a couple of years. [/quote]
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