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Real Estate
Reply to "Who can afford 800K-1M homes? Genuine Curiosity!"
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[quote=Anonymous]I bought my first $1M+ home last year, as a 38 yo single mom with a government job ($100Kish). The only reason it was possible was because I have $$ set aside from the sale of a previous house and an inheritance - I put almost 50% down. It's honestly a stretch for me, but I'm in a beautiful home in a desirable neighborhood and we're happy here. I do rent out a basement apartment for almost $1500/month, which covers a good chunk of my mortgage. Still, I look at what $1M would buy me nearly anywhere else in the country and just cringe.[/quote]
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