this post was submitted on 12 May 2024
53 points (86.3% liked)

Housing Bubble 2: Return of the Ugly

169 readers
172 users here now

A community for discussing and documenting the second great housing bubble.

founded 2 months ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] TubularTittyFrog -1 points 2 months ago* (last edited 2 months ago)

those numbers are radically different if they are 50K vs 500K. and generally that rule is only for those of us on the lower end of the spectrum.

if you're pulling in 500K a year you and spend 70% on necessities you still have 150K in disposable income.