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A millennial couple who make $250,000 say they can't find a home in their budget: 'We refuse to become house-poor'
(www.businessinsider.com)
this post was submitted on 14 Aug 2024
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In the 70s this couple could have easily owned two houses.
Sure, they're not poor compared to someone in an undeveloped region of Africa, but they are absolutely poor compared to their parents and compared to what is right/just/fair.
And 30% is a sound limit for what you ought to be spending on your mortgage. This isn't them whining about price, it's them recognizing that it's not financially responsible to wage-slave themselves for the sake of buying a home.