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

Posted on 10/19/23 at 9:02 am to
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
21779 posts
Posted on 10/19/23 at 9:02 am to
quote:

People like darth really believe millennials could come up with 80k cash for a downpayment if they weren't spending 60 bucks a month on their internet bill and 20 bucks a month paying off their iphone.


Why the heck are they getting a ~$500,000 house, for a first home? Entitlement runs strong with Millennials.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
36299 posts
Posted on 10/19/23 at 9:06 am to
quote:

Why the heck are they getting a ~$500,000 house, for a first home? Entitlement runs strong with Millennials.


Math not your strong suit?
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