Re: Building a Home Vs. Buying a Home
With all of these extremely high home prices on the coasts and mountain areas. I would think you would have to have a very high after tax income to justify buying a home there now. Home prices are triple or more than of a similar one in my location but I highly doubt people have triple the income to support them. Personally, I would leave the area and find a another job in a lower cost of living area where a 10-20K cut in salary will actually give you a much higher overall standard of living.
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