$1000/mortgage is not always better than $1000 in rent. I have family members who have $1000 mortgages in the middle of the country, and make about $38,000 per

$1000/mortgage is not always better than $1000 in rent. I have family members who have $1000 mortgages in the middle of the country, and make about $38,000 per year. Similarly I have friends who have remained in rent-controlled apartments in NYC for LESS than $1000 and make over $150,000 per year.