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    Is there a rule of thumb for if you make $X/year you can afford a house worth $Y?

    @inthematrix no lol 5x household
  2. T

    Is there a rule of thumb for if you make $X/year you can afford a house worth $Y?

    @spikey4672 why do you need a whole house for yourself? why not start off with a condo?
  3. T

    Is there a rule of thumb for if you make $X/year you can afford a house worth $Y?

    @pools fair but this was said at a very high level with a lot of generalization. this is usually their guideline for lending tho
  4. T

    Is there a rule of thumb for if you make $X/year you can afford a house worth $Y?

    @solascriptura116 fair enough and damn that’s cheap lol
  5. T

    Is there a rule of thumb for if you make $X/year you can afford a house worth $Y?

    @docmis2001 3x isn’t possible anymore with prices the way they are.
  6. T

    Is there a rule of thumb for if you make $X/year you can afford a house worth $Y?

    @resjudicata it went up by 20k and your mom wouldn’t be able to afford it? but damn 20k YoY for a detached home is not a lot
  7. T

    Is there a rule of thumb for if you make $X/year you can afford a house worth $Y?

    @resjudicata are you missing a 0 or did you actually mean 20k?
  8. T

    Is there a rule of thumb for if you make $X/year you can afford a house worth $Y?

    @phillip2015 trust me A LOT of people can’t. i have a buddy that bought a town house 1 year ago. it’s appreciated so much that if he were to buy his own house, he wouldn’t be able to afford it
  9. T

    Is there a rule of thumb for if you make $X/year you can afford a house worth $Y?

    @kevin33 banks will lend you 5x your salary 4x will be easier on your monthly mortgage bill.
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