Current Events > Map shows how much money you need to make to buy a home in each state

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solosnake 04/01/24 6:43:28 PM #1:	https://gamefaqs.gamespot.com/a/forum/b/bf23d802.jpg https://www.cnn.com/2024/04/01/success/home-prices-by-state-income-us-map-dg/index.html --- "We would have no NBA possibly if they got rid of all the flopping." ~ Dwyane Wade <cite>solosnake posted [p:979681556] in Map shows ... [t:80736596]...</cite> <quote>https://gamefaqs.gamespot.com/a/forum/b/bf23d802.jpghttps://www.cnn.com/2024/04/01/success/home-prices-by-state-income-us-map-dg/index.html </quote> ... Copied to Clipboard!
cuttin_in_farm 04/01/24 6:48:31 PM #2:	What does this even mean. Like, what is the time horizon of the person buying the home? Is it by a certain age? Is this assuming a minimum amount of expenses while saving? The prompt doesnt make sense. Keep in mind the study only considered the costs of securing a manageable mortgage payment (which includes principal, interest, property taxes and property insurance). Manageable means it wont exceed 28% of your gross household income. The analysis did not factor in closing costs or the costs one incurs as a homeowner after you get the keys to your new house. Like, wont exceed 28% of gross income is a shit metric because people exceed that paying rent. A lot of times paying rent is higher of a monthly expense than a mortgage. --- A show of kindness may not do much help, but a show of cruelty may do much harm. <cite>cuttin_in_farm posted [p:979681626] in Map shows ... [t:80736596]...</cite> <quote>What does this even mean. Like, what is the time horizon of the person buying the home?Is it by a certain age?Is this assuming a minimum amount of expenses while saving?The prompt doesnt make sense. <quote>Keep in mind the study only considered the costs of securing a manageable mortgage payment (which includes principal, interest, property taxes and property insurance). Manageable means it wont exceed 28% of your gross household income. The analysis did not factor in closing costs or the costs one incurs as a homeowner after you get the keys to your new house.</quote>Like, wont exceed 28% of gross income is a shit metric because people exceed that paying rent. A lot of times paying rent is higher of a monthly expense than a mortgage. </quote> ... Copied to Clipboard!
Dungeater 04/01/24 6:50:11 PM #3:	hurray i cant afford one anywhere --- My fate was the grandest, most brilliant of them all. He/Him <cite>Dungeater posted [p:979681648] in Map shows ... [t:80736596]...</cite> <quote>hurray i cant afford one anywhere </quote> ... Copied to Clipboard!
Jagr_68 04/01/24 6:56:36 PM #4:	Post 2 nailed it. I mean I COULD afford to buy a house in PA with my income but there are so many variables to cost it's a bull fucking shit metric to apply to everywhere. --- New York Rangers [2004-2008] https://media.giphy.com/media/WvQHBYW0q4TuxdAg61/giphy.gif https://psnprofiles.com/Jaromiroquai68 <cite>Jagr_68 posted [p:979681762] in Map shows ... [t:80736596]...</cite> <quote>Post 2 nailed it. I mean I COULD afford to buy a house in PA with my income but there are so many variables to cost it's a bull fucking shit metric to apply to everywhere. </quote> ... Copied to Clipboard!
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