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Moderator
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I don't know. I am a home buyer. I have a mortgage. It's about $1700 a month but my parents helped me with the down payment. Recently a house in our neighborhood was putting a house up for rent at about $4000 a month. I'm glad I don't rent even though I have to pay property tax and home owner's insurance. The homes in this neighborhood are single family 3-4 bedrooms on average with no HOA or Mello-Roos. In my opinion you need to make at least $80K if you live alone.
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