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May 26, 2019
8:23:04am
Odysseus All-American
I feel priced out of Utah but maybe it’s irrational. If each additional $100k
is an additional $475 per month, then I’d only need a pay raise of $5,700 annually to cover the increased mortgage (ignoring taxes and all other factors for simplicity).

That doesn’t sound crazy when looked at that way. It would also explain why home prices can rise faster than incomes and people feeling they can afford it.
Odysseus
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THUNDERDOME69
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Odysseus
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Oct 28, 2014
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Mar 28, 2024
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