Quote:
Originally Posted by spazzyfry123
What’s the “rule?” Don’t buy something more than three times your gross household income?
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That basically limits you to a trailer park around here - maybe. Some of the mobile homes are still $400k.
Example 1: $458,000
Example 2: $399,000
Example 3: $367,000
There are literally only a handful (and I mean like < 5) places under $400,000 that are not mobile / manufactured homes.
Example: $399,000 1/1, 440 sqft
The adage around here is more like 8-10x your income but no more than 10x.
On the plus side, there are tons of opportunities for making $150k+ and it scales quickly if you're competent. I've gone from tech > engineer > PM in the span of about 3 years.