Apropos of not a whole hell of a lot: I remember my wife laughing at the neighbor who had his 11,000 sq ft house on 30 acres of land (fantastic view!) for sale at $4M because it would never sell for that much.
I really, really hope the $4M bungalow is an exaggeration, but I suspect if so, it's not by much.
Unlikely to be an exaggeration! I know engineers with 5-10 yrs experience having little choice but to buy homes that cost $1-1.5e6. Can they afford it? Probably so, but certainly at the cost of lesser savings.
I really, really hope the $4M bungalow is an exaggeration, but I suspect if so, it's not by much.