I know I’m the exception. You said the size of the mortgage doesn’t matter. I’m saying oh yes it does!![/quote]
I didn’t change anything. You’re assuming people who can afford a $600k house can buy a $1M house. You’re also assuming people who can afford a $1M would consider a $600k house. I’m trying to tell you there are conservative people like you who buy a $600k house and a $1M house. So, the person who’s conservative w/ their money and buy a $1M house probably have similar holding power as one who buy a $600k house. It’s almost like people who are conservative with their money buying a $300k house, saying people who buy $600k house doesn’t have the same holding power as them. But their major flaw in that argument is they take their income & savings and put it in a $600k house situation. It just doesn’t work that way.