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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 2:03 pm to Dire Wolf
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.
1
Posted on 10/18/23 at 2:07 pm to JohnnyKilroy
quote:
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
i used to look at rents in other markets monthly just to make myself feel better about pissing money away.
Houston is a bad example to compare to because they've built so many apartments here in the last decade+
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