Maybe we're doing something wrong, but those charts severely underestimate the percentage of income going towards housing. In San Jose, it says 12% of families

Maybe we're doing something wrong, but those charts severely underestimate the percentage of income going towards housing. In San Jose, it says 12% of families earning 150K are cost burdened. In SJ the avg townhouse/house now costs 1.1 million with 200k down, that means you pay 60K per year just on mortgage, plus 14K in taxes, (no longer deductible after state income taxes), plus 4K in home owners insurance and possible HOA, plus another 3K in basic utilities. The total is over 80K on 115K after tax income, making it 70% of your total take home pay. And that doesn't even cover repair costs. The only thing that can explain it: I suspect what's going on is that they're averaging everyone out together, including those that bought over 20 years ago. if the ones that bought over 20 years ago represent a sizable majority 60 to 80% or more then that would explain why they underestimate housing costs so much.