View Single Post
  #9 (permalink)  
Old 09-20-2006, 12:17 PM
JBinKC JBinKC is offline
$ Saving Jr. College Student
 
Join Date: Jun 2005
Posts: 398
Points: 3404.10
Donate
Default 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.
Reply With Quote