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      05-29-2020, 10:50 AM   #100
zx10guy
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Drives: 2013 135i
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Quote:
Originally Posted by C2YT View Post
Everywhere... you just have to look. Honestly this comes across a little closed minded. There is a extraordinary amount of people who live in sub $150,000, or even sub $100,000 homes.

Yeah, we don't have an HOA, or lawn-care service, or whatever other features and benefits come with living in a subdivision. The houses are older, and sometimes not maintained as they should be. It is far from the ghetto though.

I don't know what lens you are viewing this though, or where you live, but I recommend going and experiencing different parts of the country. Especially in the midwest where many families are supported by blue collar manufacturing jobs.



This is an interesting ratio, and I did the same thing when I was budgeting for my first home. Comes out to a little over 10%, so not to shabby! Allows me to save towards the next place and focus towards retirement savings / 401k.
A 10% front end ratio is fantastic. Don't know if I've been smart or just plain lucky. But both of my homes PITI are below 28% for me. This is why I can afford to not have any roommates or a need to rent out my vacation home to help pay for it. The only hiccup that put a wrench into this was my divorce. But I'll be able to dig out of it hopefully in the next few months.
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Quote:
Originally Posted by Lups View Post
We might not be in an agreement on Trump, but I'll be the first penis chaser here to say I'll rather take it up in the ass than to argue with you on this.
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