The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: fatty who wrote (10863)	5/31/2003 7:01:22 AM
From: Micawber	Read Replies (2) of 306849

We all have household income between $100-$200k. We have lots of money to spend on food, entertainment and vacation but we just can't afford a decent house... I have no idea who are the ones buying up all those $600k houses. With a household income of $150,000, some money in the bank, and mortgage rates around five percent, you could rather easily qualify for and service the debt on a $600,000 house. Why is this such a mystery? What intrigues me is the guy who makes 100K is qualifying for and buying these types of houses. That's the problem.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next