[quote=an][quote=deadzone][quote=an][quote=deadzone]I don’t represent the younger generation who has no shot at ever owning a house in the present situation.[/quote]
Two Sr. Software Engineers with 3-5 years of experience can probably make $130-150k. That’s a combine income of $260-300k/year. They can easily qualify for $1m house. So, I don’t know what you’re talking about.[/quote]
So you have to be software engineer, and be married to another software engineer, to afford a house? Okay got it. Sounds like the younger generation has nothing to worry about.[/quote]if you want to live in a million dollar house, of course! Not a house, a million dollar house. There are plenty of houses in this vast country that’s well less than a million dollar.[/quote]
Well of course not… You don’t have to be a software engineer couple to live in a million dollar house. You can also be a successful doctor, lawyer, dentist, realtor, or BYOB… You just need to be able to have a combined income of $200k or higher and have 20% down and sufficient cash reserve for the unexpected. Yes, that’s right. Lots of realtors make a shitload of money who can afford it… There’s this guy named Richard Stone in Carmel Valley. He is ridiculously successful in CV and his kids now work for him too.
And if you don’t, there’s lot of non-$1million condos and lots of non-$1million houses close to San Diego. Lots of beautiful houses in Riverside County, Temecula that aren’t (yet) $1million.
Still waiting on a reply to my question about the 401k/IRA/retirement accounts that you keep dodging….