Re:$500k a Year yet Struggling? Let's Do a Double Take
by deadc0de on Thursday May 16, 2019 @06:18PM
(#19933990)
Prop 13 distorts that a lot. If you bought a house 25 years ago and now are earning 400k, yeah, you're an upper middle class.
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Re:$500k a Year yet Struggling? Let's Do a Double Take
by jedberg on Thursday May 16, 2019 @09:27PM
(#19935294)
Again, you're kidding yourself. Even if you bought a new house today with no existing equity, you could easily afford $11K a month in mortgage. That's a house that's over $2M. And still have $10K a month left for other expenses.