(July 11, 2018 at 11:42 pm)Anomalocaris Wrote:(July 11, 2018 at 11:25 pm)Shell B Wrote: Right? It’s fucking with me, but here the median house is in the 300s. We are well above the median income. Everyone who owns a house here is buried.
Have you considered finding a house with an integral rental unit? The rent can offset at least 25-30% of your monthly mortgage.
I am building a house in an rather pricy area of Northern California. I included an integral 800sq foot 1 bedroom apartment. My mortgage would be 52% of my take home pay. But if I add rental income to my take home pay then the mortgage comes down to 40% of net income.
We have! We’re semi-committed to a place now, but think we might back out if he needs work.
