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Reply to "Afford $1.8M on 300K?"
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[quote=Anonymous]If you can afford it, you can afford it. No need to have all that extra cash sitting in a savings account. The problem is risk. If you put all your extra cash into your primary home, what happens if one of you unexpectedly has to take time off work or cut back to part time? If your income unexpectedly drops and you suddenly need to reduce expenses it’d be better to have your cash in an investment property or other investment rather than in a primary home that leaves little money left over each month.[/quote]
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