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re: In the market for a house...

Posted on 5/8/24 at 9:47 am to
Posted by No Colors
Sandbar
Member since Sep 2010
10485 posts
Posted on 5/8/24 at 9:47 am to
quote:

Total household income is $160k
quote:

lose to $3500-$4000 a month


Fast forward a few years. Cars are wearing out. House needs work. A kid shows up and the wife wants to take time off work. Daycare. Someone has a medical issue.

You can't afford it.
Posted by jlovel7
Louisiana
Member since Aug 2014
21347 posts
Posted on 5/8/24 at 9:48 am to
quote:

Total household income is $160k
quote:
lose to $3500-$4000 a month


Fast forward a few years. Cars are wearing out. House needs work. A kid shows up and the wife wants to take time off work. Daycare. Someone has a medical issue.

You can't afford it.


My thoughts as well. So wild how little an income like that can get you today. What's really disheartening is seeing all of these houses appraised at 150-250k just 3 or so years ago.
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