Reply to Why is DCUM SO conservative with housing?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I just get confused by the pearl clutching at buying a 1m house on 300k income say, while at the same time everyone seems to have 2 to 3M in retirement accounts by 40 on even more modest income.  Something doesn't add up. How can it be super scary to buy a 1M house at 3 to 4 times income and also a given we all need to save way more than that for retirement or starve.  Honestly asking[/quote]

This is an anonymous forum.  The responses you read are from different people.  Not everyone here has a $300K income and $2-$3M by 40.  We have $1M, but DCUM would still consider us poor because our current income is low while one parent SAH.  [/quote]

+1  We're 50 with 2.3 million, but DCUM "poor" because we currently have only about 120k in income while paying 35k+ for college because one parent is SAH for other kid with medical needs.  Really, really glad we bought a 450k home in 2010 rather than the 700-800k we could ostensibly could "easily afford" then before we knew about medical needs.[/quote]

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