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That’s not for anyone to say definitively. Everyone has different financial situations. Debt, personal/car loans, student loans, trusts, investments, etc.
No kidding....people have different financial situations ALL OVER THE COUNTRY and not just here lol.
I was a mortgage banker......please go to my post #136 where I explain the formula for the affordability of a house.
First Threshold to qualify for a mortgage is 28% for mortgage and taxes. Second Threshold for to qualify for a mortgage is 33% for mortgage, taxes, insurance, utilities and other debt.
So....with Fairfield County's median income $86,670* someone is buying these median $413,000* houses.......and having babies to boot lol.
This is why I hate Fairfield County...."the Joneses" think everyone makes their incomes and if you don't you should not have children.
CTA - I don't see where I inferred that you need $150K plus to live in northern FF/NHC? I have recommended towns in the area to people making less than that before and in my comment here, I was simply pointing out that 150-200K is much easier to live on in CT than Westchester. I'm going to put this conversation to the side after this last statement, but I think statistics obscure the fact that we should be realistic about what it costs to raise a young family in any part of this state, particularly when both parents work.
CTA - I don't see where I inferred that you need $150K plus to live in northern FF/NHC? I have recommended towns in the area to people making less than that before and in my comment here, I was simply pointing out that 150-200K is much easier to live on in CT than Westchester. I'm going to put this conversation to the side after this last statement, but I think statistics obscure the fact that we should be realistic about what it costs to raise a young family in any part of this state, particularly when both parents work.
You didn’t. That poster is not comprehending your original post correctly.
CTA - I don't see where I inferred that you need $150K plus to live in northern FF/NHC? I have recommended towns in the area to people making less than that before and in my comment here, I was simply pointing out that 150-200K is much easier to live on in CT than Westchester. I'm going to put this conversation to the side after this last statement, but I think statistics obscure the fact that we should be realistic about what it costs to raise a young family in any part of this state, particularly when both parents work.
This is your exact quote......
"The vast majority of families I know are probably making 150-200K and living in towns like Southbury, Oxford, New Milford, and Bethel"
Listen, you are a nice lady but this is something I have seen you do many times on this forum. I don't want the people (especially young families) who are looking to move to Fairfield County (outside of the Gold Coast) and Southbury with the more modest incomes of under $125,000 to think there is no place for them here. THERE IS.
In bold is what you wrote.....and that is what people will read.
That is just not true and I want people who are thinking about moving to CT and that area you quoted of Southbury, Oxford, New Milford and Bethel to be turned off it they think they will need that large amount of income....they simply don't up there.
One more time to hammer this home to all the people contemplating areas of CT outside of the Gold Coast of Fairfield County.
Lots of babies being born to average families making less than $125,000 in Fairfield County and Soutbury (which is just outside but bordering Fairfield County).
Not everyone has to live in a town or neighborhood with "the Joneses" you know.
"The vast majority of families I know are probably making 150-200K and living in towns like Southbury, Oxford, New Milford, and Bethel"
Listen, you are a nice lady but this is something I have seen you do many times on this forum. I don't want the people (especially young families) who are looking to move to Fairfield County (outside of the Gold Coast) and Southbury with the more modest incomes of under $125,000 to think there is no place for them here. THERE IS.
In bold is what you wrote.....and that is what people will read.
That is just not true and I want people who are thinking about moving to CT and that area you quoted of Southbury, Oxford, New Milford and Bethel to be turned off it they think they will need that large amount of income....they simply don't up there.
One more time to hammer this home to all the people contemplating areas of CT outside of the Gold Coast of Fairfield County.
Lots of babies being born to average families making less than $125,000 in Fairfield County and Soutbury (which is just outside but bordering Fairfield County).
Not everyone has to live in a town or neighborhood with "the Joneses" you know.
You don’t need a large amount of income to live “down there” in Trumbull, Monroe or Stratford either.
Anyway, I’m not sure how much clearer the meaning of the original quote could be explained to you.
I will delete everything I said Stylo. If stuff is too old for me to delete, I would ask that you remove all my comments if you don’t mind. Thanks.
Edit: I was only able to delete my most recent one. Please feel free to take down my others. I’m done. Thanks.
No worries. You don’t have to delete your posts. Just trying to get the thread back on track
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