re: Is This Really How People Decide How Much House They Need?

Single as of now, but I like my small apartment. Less shite to take care of and furniture to fill it up

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How much household salary is needed for a $350K+ house?

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Depends on how much other debt you have (like student loans), what kind of cars you finance, how much help you have from your parents, how many dependents you have, if they go to private school, extra curricular activities, if you're in a flood zone (insurance), interest rates, and how much taxes are on that property, how much down payment you have, etc.

Just a rough estimate is that many families making $160k/yr could afford a $350k home with 5% down. I've seen people who make ~$115k pull it off because they wanted to keep up with the Jones and I'm sure they were house poor. That might not be doable in Texas because the property tax bill would be like $10k/yr.

Some of these suburbs in Texas where people buy homes are really far away from the main city's downtown so they can likely get a 2800 sq ft home for less than $350k. I think the OP mentioned Lakewood which is pretty expensive, doe.