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It's ridiculous to say you can't imagine affording a home on a salary where you could live off 150% of the median household income while still saving enough to
by 6gvONxR4sf7o 7y ago
It's ridiculous to say you can't imagine affording a home on a salary where you could live off 150% of the median household income while still saving enough to buy a 150% of a median home for straight cash in under a decade. Color me incredulous.
[Assuming you live like you make $150k/year (a bit over 150% AMI), you'll have about a quarter million per year left over after taxes. You could save $2.1M (a bit over 150% of median home) in cash in just below 9 years.]