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Old 02-11-06, 08:48 PM   #1
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How do you do it in So Cal?

Wow, I just watched an episode of flip that house. The guy bought a place that had fire and mold damage and the rest of the place was pretty much trashed. It's only 900 sf and sold for five hundred and forty thousand bucks! He dumped another eighty grand and sold it for over seven hundred thousand bucks! How can you Southern Californians afford to live there with the cost of housing?
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Old 02-12-06, 06:40 AM   #2
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You can't, it is called an apartment. The only way to afford a house nowdays is to be a dual earner family or to make something like 100k or more per year.
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Old 02-12-06, 07:21 AM   #3
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The first step is to live within your means. Doesn't matter if you make $30k or $100k a year, you still have to learn to budget your income, live within that budget so you can set aside some money for investments. Doesn't matter if you buy a $250k house or $500k, it's the same process.

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Old 02-12-06, 07:27 AM   #4
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Quote:
Originally Posted by DannoXYZ
The first step is to live within our means. Doesn't matter if you make $30k or $100k a year, you still have to learn to budget your income, live within that budget so you can set aside some money for investments. Doesn't matter if you buy a $250k house or $500k, it's the same process.
DannoXYZ: I am curious, Does the last 3 in your username have any relation to programming?
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