I remember when I was taught that a mortgage payment should not be more than 20-25% of after tax income. Is that still what they teach in economics?
Where I was headed with that comment is that I don't see how people can buy a house these days. Builders want to go big or go home. People must have some serious cash to put down or they start in a converted shipping container. Makes me wonder what George Bailey would do.
@AlphaCentauri @Sr0bi....🤔 probably should start a financial hashtag or some shit, seem like vital knowledge.....well, it's below, spread the wealth.
#housing market