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Reply to "lifestyle for $500K HHI"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think part of the problem is expectations. When we bought, our income was 1/4 of that (~125k), which was decent at the time. We could afford a 1800 sqft 4 bedroom house that was built in the mid-60's and not updated. Those houses now cost about 3x what we paid, but the people who make 3x what we made don't want a 40 year old fixer upper. They think they should have the fancy 3-4000sqft new build. They need to reset their expectations. This isn't a new phenomenon. I blame HGTV.[/quote] ITA. In fact, as the COL has risen in this area, people's expectations should have been [i]lowered[/i]. Instead, they have inexplicably been raised. It makes no sense AT ALL. A recipe for unhappiness and financial disaster.[/quote] That doesn't make sense. You always want to provide a better or at least the same life you grew up in for your current generation.[/quote] Lifestyle is your main expectation?? Geez!!! [/quote]
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