re: Housing: WTF?

quote:

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Not sure I agree with your math. I use 30% for combined federal and state taxes. That alone yields less than 12k/month. Add in insurance and retirement and that continues to shrink. Increased house values also result in higher property taxes.

$1000 for feeding a family of 4 seems low as well

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This. People are getting squeezed from every angle.

Fundamentals of many real estate markets are broken.