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re: Salary of $115,627 needed in order to qualify for a mortgage on a typical American home

Posted on 10/18/23 at 10:58 am to
Posted by fareplay
Member since Nov 2012
4951 posts
Posted on 10/18/23 at 10:58 am to
Lmfao sir I make a good amount of money (multi 6 figures) but the cheapest houses are roughly 1M. Assume 20% and let’s say I live a super frugal life, that still takes 4 years to save up. Now imagine a normal American
Posted by Asharad
Tiamat
Member since Dec 2010
5724 posts
Posted on 10/18/23 at 11:49 am to
quote:

Now imagine a normal American

am I not one? I lived in a trailer for 6 years. I couldn't afford house mortgage until my 2nd child was born.

You claim to live frugally, but look down your nose at a mobile home. You clearly expect too much for your income.
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