[quote=PKMAN] Based on a total of 35% deduction (taxes, 401K, medical, etc.), the family’s combined income must be higher than $120K. That’s still way too unaffordable for me or most San Diegan families.
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Well, SEH is not a middle-class area.
And, your combined monthly payment of $3355/month includes $520 of “forced savings (principal)” and $650-$750 of tax savings. So, your “rent equivalent” is in low 2000’s. For a house that rents in high 2000’s.
