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  1. S

    Home buying thread

    And just to bury the hatchet, I agree with this 100%. I have ~2 years (annuities, 401ks, bonds, liquid cash, etc.) maintaining my standard of living before I"d run out. I"m just saying I might trade 1 year of "reserve cash" for not feeling trapped in a group living environment when I want to...
  2. S

    Home buying thread

    I understand that living within your means is definitely necessary. I don"t want to sound like I"m advocating piling up so much debt that you just aren"t going to make it. What I"m saying is that for many years (my whole adult life + more) we"ve been following the assumption that property...
  3. S

    Home buying thread

    See, I"m going to jump in here and respectfully disagree. At 25 with more than my 20% downpayment, I decided to go for something within my price range and needs. I now own a 250k (welcome to Chicago) condo that is well within my means (I pay ~1600 a month out of ~4400 at a fixed ~5%). And now...