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Clearly you don't live here and I'm sorry to say this but I'm not sure you know what you're talking about. Please do the actual math on this, factor in continge
by blizkreeg 9y ago
Clearly you don't live here and I'm sorry to say this but I'm not sure you know what you're talking about. Please do the actual math on this, factor in contingencies, other expenses, kids, etc and what you're saying doesn't hold true from a affordability perspective. You can of course find something and buy...but you don't want to be pulling teeth to do it.
The example in the article may be a bit extreme but the article is not much off base.
- phil21 9y agoThe thing is you are absolutely correct, but the OP you respond to are the people you are competing with for housing. I've watched astonished as friends of mine buy homes that end up eating 60%+ of their post-tax income. That is what is being called "affordable" these days.