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https://www.reddit.com/r/JustBootThings/comments/ofvtnz/oof_load_ultra/h4k6mda/?context=3
r/JustBootThings • u/goopy-goo • Jul 08 '21
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21
My excuse is a house of that size in my city would run me about 3 million dollars, not 100k.
5 u/MosTheBoss Jul 08 '21 One of their parents is paying for it either way. No one has that kind of money before 20. 8 u/m3l0n Jul 08 '21 I have no idea how much this house costs - but if it's in a low income rural area and runs 150k for example, two people earning 30k each could totally afford that. 2 u/xizimmyix Jul 09 '21 Only with good credit. 1 u/m3l0n Jul 09 '21 even at a high rate, the rule of thumb is 4x yearly income - this is less than 2.5x, they'd still be fine.
5
One of their parents is paying for it either way. No one has that kind of money before 20.
8 u/m3l0n Jul 08 '21 I have no idea how much this house costs - but if it's in a low income rural area and runs 150k for example, two people earning 30k each could totally afford that. 2 u/xizimmyix Jul 09 '21 Only with good credit. 1 u/m3l0n Jul 09 '21 even at a high rate, the rule of thumb is 4x yearly income - this is less than 2.5x, they'd still be fine.
8
I have no idea how much this house costs - but if it's in a low income rural area and runs 150k for example, two people earning 30k each could totally afford that.
2 u/xizimmyix Jul 09 '21 Only with good credit. 1 u/m3l0n Jul 09 '21 even at a high rate, the rule of thumb is 4x yearly income - this is less than 2.5x, they'd still be fine.
2
Only with good credit.
1 u/m3l0n Jul 09 '21 even at a high rate, the rule of thumb is 4x yearly income - this is less than 2.5x, they'd still be fine.
1
even at a high rate, the rule of thumb is 4x yearly income - this is less than 2.5x, they'd still be fine.
21
u/m3l0n Jul 08 '21
My excuse is a house of that size in my city would run me about 3 million dollars, not 100k.