Submitted by Hemidodge426 t3_z8zxlp in personalfinance
SgtWaffleSound t1_iye7587 wrote
25% on housing. Laughs in Californian.
Hemidodge426 OP t1_iyemp8f wrote
While I definitely feel for the people in HCOL areas, I think at the end of the day there is a point where math is going to say you can't be living there, However, if you do want to live there, you are either going to have to make more money or be content with making some sacrifices in your investing goals/lifestyle.
MonsieurVox t1_iye8lpz wrote
It's crazy how wildly unaffordable home ownership is in places like California or New York unless you're in like the top ~5% of earners.
SgtWaffleSound t1_iyeb5xh wrote
Not unaffordable, people just budget completely differently here.
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