Quote:
Originally Posted by westopher
The average household income is 67k.
Are you saying that its a reasonable salary to afford a 400k home? Because as I just explained.....its not.
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Yes, I think 67k can buy you a 400k home; I think your numbers or sources need a bit of reviewing but you are right, sacrifices do need to be made. You don't have to buy in as soon as you meet the bare minimum down payment, you don't buy in when you have zero personal contingency funds, and you don't buy when every last dollar is accounted for in your budget.
people are complaining about extreme examples but that's all everyone is throwing around in here to make their points. You guys make it seem like downtown Whalley is the only place to buy under 300k, or every preowned home is a dilapidated money pit; the only safe option is to buy brand new Bosa built and shiny