la_ct

la_ct t1_jaccb3y wrote

Household income varies tremendously in this area. If you’re wondering how to afford something start with significant down payment, significant retirement savings, and speak to your bank. Always budget and stick to it that will help you.

We live in FFC, HHI ~750k, 1.5M house bought 13 years ago and renovated/enlarged, 30% down, cash flow renovations, and 15 year mortgage so it’s almost paid off. Our largest expense annually by far is tax (income, property). 2 working professionals, 1 child in public school.

1