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To: SeekAndFind

ATLANTA:
You’d have to earn at least $24,391 to buy an average home.
Average home price: $142,400
Monthly mortgage payment: $569.12

This is a joke, right?


8 posted on 02/18/2014 4:49:09 PM PST by Repeal The 17th (We have met the enemy and he is us.)
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To: Repeal The 17th

I LOVE your handle!

I see you agree that the 17th was the beginning of the end for the USA!


9 posted on 02/18/2014 4:54:32 PM PST by freedumb2003 (Fight Tapinophobia in all its forms! Do not submit to arduus privilege.)
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To: Repeal The 17th

RE: This is a joke, right?

You might want to check the home prices of Atlanta over the years here:

http://www.deptofnumbers.com/asking-prices/georgia/atlanta/


10 posted on 02/18/2014 4:57:57 PM PST by SeekAndFind
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To: Repeal The 17th

Our median price is $700,000.00

Insanity !

.


11 posted on 02/18/2014 5:02:35 PM PST by Mears
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To: Repeal The 17th

Without a $75,000 down payment or 1% interest, it’s not a joke, it’s Bull Muffins


12 posted on 02/18/2014 5:08:49 PM PST by digger48
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To: Repeal The 17th

ATLANTA:
You’d have to earn at least $24,391 to buy an average home.
Average home price: $142,400
Monthly mortgage payment: $569.12
This is a joke, right?
***********************
Recipe for disaster!

Add home insurance, utilities, maintenance, etc., and the buyer will be spending 45-50% of annual gross income! Housing costs should seldom be greater than 20%, IMO.


34 posted on 02/18/2014 10:04:42 PM PST by octex
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