Reply to Who can afford 800K-1M homes? Genuine Curiosity!

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[quote=Anonymous][quote=Anonymous]How many of you in this "league" - BOTH partners, that is - spend much time with your own kids?

We live in a modest home that could probably be listed at $500K right now.  We have a little less than 3/4 acre.  However, we are thinking of downsizing and eliminating a mortgage altogether or having one that's very small.

As public employees, we don't make much - probably $150K combined, as I only work PT. But we see our kids each day.  I'm with them during the summer, and although only I am available to pick up my son from preschool, either my husband or I can pick up our daughter from school.  Both attend private school.  And we do share a nanny for morning care only, as our works hours start at the butt crack of dawn.

I'd much rather have my mediocre home in our average 'hood and be able to spend time with my kids than to work my ass off, spending hours commuting, in order to afford a $6-7K monthly mortgage.

It's all about priorities.[/quote]

We make $400K and spend a lot of time with our kids.  Of course, between school and activities, the kids are gone about 45 hours a week too. But we certainly don't have a big mortgage - only $2800.[/quote]

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