If you have a 10k/month mortgage, it's because your mortgage is for $2M. Housing prices around here are high, but they aren't that high for perfectly reasonabl

If you have a 10k/month mortgage, it's because your mortgage is for $2M. Housing prices around here are high, but they aren't that high for perfectly reasonable houses. If you house costs $2.4M (ie, you paid 20% down and got a $2M mortgage), then you paid a lot more than you had to for a house.