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To: Gay State Conservative

Even at 100k I'd be a bit nervous spending 500k on a house, truth be told...


17 posted on 11/29/2006 12:05:03 PM PST by RockinRight (There's nothing in the middle of the road but yellow stripes and dead armadillos.)
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To: RockinRight

If you want to enjoy life, with a single income of 100K you should not buy more than a $ 300,000 home.


30 posted on 11/29/2006 12:11:11 PM PST by jveritas (Support The Commander in Chief in Times of War)
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To: RockinRight
Even at 100k I'd be a bit nervous spending 500k on a house, truth be told...

Actually I should have specified that the median income of these suburbs is well in excess of $100K/yr.And be aware that the runup in property values around here only started about 5 years ago so most folks today living in million dollar colonials bought them for $400K or less.

37 posted on 11/29/2006 12:15:03 PM PST by Gay State Conservative (An empty limousine pulled up and Hillary Clinton got out)
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To: RockinRight
Even at 100k I'd be a bit nervous spending 500k on a house, truth be told...

Whatever happened to not spending more than 2 and a half times your annual salary on a house.

I'm at about 2 and a quarter.

142 posted on 11/30/2006 7:59:18 AM PST by NeoCaveman ("He's so slick that he transcends his slickness" - AquinasFan commenting on Romney)
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