Reply to Won the bid on a 900k house and now I feel sick

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[quote=Anonymous][quote=Anonymous]OP, if you're still reading- just for another point of view, our HHI was a bit higher than yours when we bought (about $250k) and we bought a couple of years ago in N. Arlington for around $750k.

Anyway, our house is smaller than the one you bid on, and in some ways I regret that we didn't stretch a bit, and go for a slightly bigger house in the $900k range.  I think that within 5 years, we're going to feel cramped, and either look at some renovations, or try to move to a different place.   And who knows if it's going to be smart to put more money in this house, or feasible to sell and move to another place in this area (which we really love).  So you may be more uncomfortable now, but in a better position in a few years...[/quote]

+1 We were very conservative with our housing budget. We bought 8 years ago. We now have better cash flow because of reduced child care costs. DH and I both with we had stretched more. When child care costs go down, you will have more breathing room. [/quote]

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