Yeah, but a single person with no kids making $500k in NYC or SF can save $150k+ per year even after all expenses. Then, instead of spending 8-10 years paying off that $240k house in the midwest, they can just buy it for cash and have plenty left over.
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Yeah, but a single person with no kids making $500k in NYC or SF can save $150k+ per year even after all expenses. Then, instead of spending 8-10 years paying off that $240k house in the midwest, they can just buy it for cash and have plenty left over.