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Old 11-18-2005   #11
Steeltwo
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Join Date: Feb 2004
Location: Minnesota
Drives: 07 Civic Si, 06 IS 350 and I own a dsm
Posts: 385
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Re: Is the housing boom over?

Quote:
Originally Posted by DSMStyle
Depending on credit, rates, and other fun loving house buying ways a house in the $180,000 range can cost you anywhere form $850-$1800 a month. Rates, Credit, Insurance, Down Payment, etc etc, it all plays a part.

If your single, and make 15ish an hour your gonna take home abour $850ish every 2 weeks with normal deductions. With no debt and great credit your gonna have no problem getting a house and giving up half your income to the payment. It's controling that other half that gives people issues in their personal debt management.

It doesn't take much to be able to afford something, it does take work and time to keep being able to afford it and giving those you go to for the $$$ a reason to give keep giving you the dough.
the problem with me is

I want the cake and to eat it too :-D
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