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Soooo.... My wife and I bought our house in a working class neighborhood about 40 miles from San Francisco. It was 1999 and the house was $265,000 for 3 bedrooms, 2 baths or about 1120 square feet on a 6000 square foot lot. So the rooms are roughly 8x10, 10x10, 20x10. Garage can fit two SMALL cars, but usually only has one. (Wife and I rotate the X3 and 435i in/out).
And yes, my mortgage is probably less than what a lot of you guys pay in rent.
It was our "starter home" but it was great because the elementary school is 4 doors down, and the junior high and high school are about a mile away (easy bike ride).
Fast forward 22 years, this same house is now over $1M and the city considered upper-middle class. We will probably stay in it until retirement (about 10-15 years out).
As much as I love BIG FANCY houses, when it's yours and the lawn needs attending too or you need to do some remodel work or heck a new roof... sticker shock to update, upgrade or fix ain't so bad with a modest place.
My net worth puts me in the millionaire category, but laughably THIS IS middle class for Norcal.
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