You can easily get a mortgage for 3x income and 4x isn't that hard. So $500k can buy a $1.5m house with no problem. $500k income is easy to buy a house forth $5

You can easily get a mortgage for 3x income and 4x isn't that hard. So $500k can buy a $1.5m house with no problem. $500k income is easy to buy a house forth $500k cash after a couple years.