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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 2:00 pm to Chicken
Posted on 10/18/23 at 2:00 pm to Chicken
quote:
I get that home prices are up, but is rent so high that it is causing people not to be able to rent in areas they want to live in? Honest question.
i am going to guess Houston has the cheapest rent for top 10 population-size cities. You are going to still be looking at ~1k for a 1 bedroom that isn't in the hood.
dual income or roommates make your situation way easier.
new york, boston, maimi, ect you are going to get bent over for 2x-3x that
1
Posted on 10/18/23 at 2:03 pm to Dire Wolf
quote:
new york, boston, maimi, ect you are going to get bent over for 2x-3x that
I have no idea about those other cities but every now and then some real estate bro from nyc will pop up on my ig feed where he's showing off a studio apartment that is about the size of my guest bedroom and it's 4500 a month
Like even being a big law associate in nyc making 250-300k a year means you probably live in a small closet or a slightly larger closet that you share with 1 or 2 others.
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