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Default Buying a much bigger house

On 28 Jul 2003 21:59:19 -0700, someone wrote:


The guy who strains to buy a big big house...

There was nothing in OPs post to suggest he was straining to do
anything. There was something in OPs post indicating that he was NOT
living beyond his means. Rather, he indicated that he was living in a
$200k condo and putting extra payments on the mortgage there.

He was NOT asking if he SHOULD buy the $800k house some day, only
whether he should save up for it where he was, or follow "friend's"
advice to buy a $400k place NOW. I think "friend" is the one you
should be attacking.

What his Friend was telling him was to buy a $400k house, now,
claiming that this would 'help' him to get the $800k house sooner.

I see no indication that he won't be able to carry the $800k house
after he saves up the down payment by paying off his condo. I think
you are unjustifiably projecting someone else's sins on OP.

-v.