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  1. The Times article and calculator are a little hard to reconcile. The article quotes the standard rent ratio figure of 20, but the calculator indicates that our decision to buy instead of rent was bad, even though the rent ratio is under 17.

    Also, how does the calculator factor in the mortgage interest deduction without knowing income? It also doesn’t do much with HOA fees, but that’s understandable (no two HOA/maintenance fees pay for the same set of services).

  2. Did you see 54% of school districts in NJ rejected the budget. Govt will have to become more like their citizens and make do with less. Could always raise taxes more though(unlikely, taxes can’t get much higher in NJ).

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