My total comp this year is ballpark $240K. I'm still paying student loans. I'd like to buy a home, but in my area, there's nothing in a reasonable commmute from work under $750-$800K and anything less is getting bought in cash for some ridiculous amount over asking price.
You might argue that $800K is justified on a $240K income. I have anxiety from the thought that I could lose my job, and the barrier to entry in my field at other companies is so high that I would burn through my savings/investments and not be able to pay mortgage, taxes, + insurance.
You might argue that $800K is justified on a $240K income. I have anxiety from the thought that I could lose my job, and the barrier to entry in my field at other companies is so high that I would burn through my savings/investments and not be able to pay mortgage, taxes, + insurance.