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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Lizzie Tudor who wrote (70955)10/4/2006 1:15:44 PM
From: Jack of All Trades  Read Replies (2) of 110194
 
I bought my first house in NH when I was 23 back in 1990, so don't tell me it can't be done. I had no help either, and was earning significantly less then $100K back then, and had virtually no debt to speak of except a small student loan.

Things weren't that great back in 1990 either, we were suffering the effects from the late 80's housing bubble back then...

If I remember correctly I had to meet a 28/31% debt to income ratio...
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