Comments on: If You Can’t Afford a First Home http://www.smartdivas.com/index.php/2008/03/27/if-you-cant-afford-a-first-home/ Investing for Women Mon, 12 May 2008 11:08:04 +0000 http://wordpress.org/?v=2.5 By: TT LoanShark http://www.smartdivas.com/index.php/2008/03/27/if-you-cant-afford-a-first-home/#comment-26041 TT LoanShark Wed, 02 Apr 2008 20:45:04 +0000 http://www.smartdivas.com/index.php/2008/03/27/if-you-cant-afford-a-first-home/#comment-26041 The real problem is that homes are in excessive multiples of yearly income. PLUS, they factor in a spouse's pay as well. So instead of a house being three times your yearly salary, it's seven times. I hope this sub-prime collapse drives the market into the ground. A home should not be a luxury good. The real problem is that homes are in excessive multiples of yearly income. PLUS, they factor in a spouse’s pay as well.

So instead of a house being three times your yearly salary, it’s seven times.

I hope this sub-prime collapse drives the market into the ground. A home should not be a luxury good.

]]> By: Nugroho Adi Pratama http://www.smartdivas.com/index.php/2008/03/27/if-you-cant-afford-a-first-home/#comment-26161 Nugroho Adi Pratama Mon, 07 Apr 2008 02:37:12 +0000 http://www.smartdivas.com/index.php/2008/03/27/if-you-cant-afford-a-first-home/#comment-26161 i'm agree with your point of view that renting houses indeed is throwing money; people should take "having house" seriously and put it on top of their priority rank. i’m agree with your point of view that renting houses indeed is throwing money; people should take “having house” seriously and put it on top of their priority rank.

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