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Old 06-21-2012, 04:09 PM   #66
normtwofinger
Self-Retirement
 
Join Date: Mar 2007
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Quote:
Originally Posted by The Yen Man View Post
A regular AP position at most companies pay $40K a year. Its pretty easy for most people to earn $60K in this city. Lets say a couple earns $100K combined a year. After taxes, you should still have roughly $70K in earnings. How the heck can you not afford $20K of it on a house?
I agree. But then you have to factor in that most people will want to fill the house with toys, have 2-3 car payments, eat/drink out every night, and shop till you drop (women). You can have the house or the lifestyle, not both.
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