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Reply to "At odds with spouse ove how much house we can afford"
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[quote=Anonymous][quote=Anonymous]What I don't understand is all of you who say that a HHI of over 1 million cannot afford a 1.7 million house So, WHO is affording all these houses in DC/Bethesda/Chevy Chase. Practically every house in the nice neighborhoods are over 1.2 million! Does everyone in these neighborhoods make over 1 million? I thought you were supposed to use some sort of calculation like 3X your annnual salary is what you can afford in house (assuming at least 20% down). Any realtors out there want to give us an inside scoop on who is buying the "average" CC/Bethesda/NW home? Personally - we rent an apartment and are nowhere near these numbers - so I can't relate on any level........just curious.[/quote] I think we can afford this much, hence my dilemma.[/quote]
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