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[quote=Anonymous]I didn't read the whole thread but it probably depends on where they were living before - definitely doable if they were living below their means for a while. My DH bought a house by himself when he was making $70k. We lived there for like 8 years as our joint salary went up to ~$300k. We saved for a 40% downpayment on a $1.3M house - got a 15 year loan AND kept the other house as a rental. We've since paid off the rental so the rent we get is pure income (which actually goes into savings - we haven't had to touch it). We don't spend frivolously but we take nice vacations, have a cleaner, contribute to a 529 (only one kid - which I will admit makes a huge difference) and max out 401k. In the 3 years we've been in the new house it has never felt like we're struggling.[/quote]
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