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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: fatty who wrote (10884)	6/1/2003 2:07:08 AM
From: Paul Viapiano	Read Replies (1) \| Respond to of 306849

Fatty, I read your post and responses...I always say the same thing too...who are all these people buying these expensive houses? Only I'm wondering who's buying the $1,000,000 houses. But the replies you got make sense, because I just bought a $500k house here in Los Angeles and I'm on a similar budget...it can be done, however we certainly don't go on major vacations although we eat well ;) Here in L.A. though, you can't expect to get a good public school for less than the neighborhood a $750,000 house will buy...and then you drive 2 hours to work. $2500 for "other living expenses" is easily doable, unless you're a 2-SUV/BMW family and have car payments of $1500 as well...