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TheK0ntrarian t1_ja9a3xu wrote

Honestly. You can can't own a house in this state and earn less than 70k

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sociopathicsquatch t1_ja9cob7 wrote

I own a home on a salary of 63K. It is possible, but it can be very stressful at times. I have 2 children and a wife who is a stay at home. I got quite lucky securing a USDA loan.

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IndicationOver t1_ja9p7dp wrote

At times? I can't grasp how it is not all the time, you must budget really well.

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sociopathicsquatch t1_ja9ygcn wrote

It is hard more often that not, but it's worth the budgeting to have a secure place for my family.

To answer other questions, it's a ~1700 Sq FT house in Tolland. I paid 135K for it, 0 down, no PMI.

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TheAnt06 t1_ja9dxf9 wrote

I own a condo at a salary of 55k. And it's just me. It's doable, but it's stressful sometimes. Just grateful I got a very, very significant raise.

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AmandaRL514 t1_ja9n88a wrote

70k here, single/divorced (one income) with a somewhat modest mortgage payment but still drowning due to the costs of everything else. I do not live extravagantly and still sometimes have to scrape up coins for gas to get to work. It's exhausting.

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Sweet3DIrish t1_ja9zc5n wrote

I earn about $62k before taxes and own a 3 bed, 1.5 bath Cape Cod and still am able to afford everything (including a car payment, usual utilities, and insurance for everything including two cars) and put away about 8% a month into retirement/savings.

I was lucky and got my house about 6 years ago before the market went crazy.

I probably wouldn’t be able to afford my house now in the current market (the value of my house has increased about 40ish% in the last 2.5 years) but it is possible to own below 70k.

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Jaymez82 t1_jaa8nhk wrote

Bullshit. Had no problem paying my mortgage with a salary under $40k.

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