[quote=Coronita][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.
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….[/quote]
You forgot nurses, various business owners, HVAC tech, plumbers, electricians, a few other trades, etc.