keptalpaca22

keptalpaca22 t1_ja9jq88 wrote

My (31m) wife (32f) and I have a combined annual income of about $250k and just bought a 4-bed home in northern Fairfield county for $548k with $75k down. Our mortgage/insurance/taxes comes to about $3500/mo. While it feels like a lot, and it is, we were just throwing money away renting and we are feeling lucky to have gotten the house we did. Once we have kids we'll really have to tighten up the budget. The system feels broken. I'm not an economist but the bigger housing picture feels unsustainable to me.

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