The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (5438)	9/19/2002 12:06:39 PM
From: SouthFloridaGuy	Read Replies (1) of 306849

Grace, I would have to agree with you in principle, except it's totally impossible out here in NY for median families. My rule of thumb is no more than 1/3 of gross to ALL debt payments, which includes mortgage, SUV, college loans, credit card,... Actually, on further thinking, it probably is similar to your rule of thumb when you add all debt payments.

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